2025.5.16.BTC.ETH.SOL.BNB.Intraday Market Analysis
BTC
Good afternoon, brothers. After multiple tests of the daily support last night, Bitcoin rebounded again and broke through the four-hour level resistance, reaching the first resistance level around 104300. Currently, the market is still consolidating at a high level, and the small-level bullish pattern remains. The small-level pullback support is at 103200. As long as this position is not broken during the pullback, the market will continue to rise, with upper target resistance at 105000, 105800, and 106500. Short positions can be attempted near the second and third resistance levels. If this pullback falls and the one-hour closing breaks below 103200, it indicates that the four-hour level rise has ended, and the market will test 102400, 101400, and 100800 again. If this round of testing breaks 103200 on the four-hour chart, the probability of breaking the daily support is very high. Brothers, those who like to chase highs should remember to set good defenses. If the four-hour closing breaks 103200, long positions can be manually exited.
ETH
Auntie is currently completing a four-hour level pullback. The latest four-hour support for bulls and bears is 2567. As long as the four-hour closing does not fall below this position again, the market will continue with a four-hour level rise, with upper target resistance at 2650 and 2725. If the one-hour level pullback falls below the 2567 support during the closing, the small-level bullish pattern will also deteriorate in advance. It is prudent to wait for the four-hour closing to confirm whether it breaks below. If it breaks, it indicates that the bullish market has deteriorated, continuing to look at the secondary support levels of 2477 and 2410.
SOL
SOL has not yet completed the four-hour level pullback; it is still just a small-level rebound. Pay attention to the small-level pullback support at 170. As long as the one-hour closing does not fall below this position, the market will continue to rebound, with rebound target resistance at 173. If the four-hour closing at four o'clock stabilizes at this resistance, it indicates that the four-hour level pullback is complete, and the market will continue with a four-hour level rise, with upper target resistance at 178 and 183. If the one-hour level pullback closes below 170, then this small-level rebound will end, and long positions can be abandoned, continuing to look at lower support levels of 166, 160, and 155.
BNB
BNB has just stabilized the bullish pressure at the four-hour level. The latest four-hour support for bulls and bears is 655. As long as this position does not fall below the closing again, the market will rise in a four-hour level wave, with upper target resistance at 678 and 690. If the four-hour closing breaks below 655 again, it indicates that this four-hour level rise has ended, with lower defensive support at 640. If broken, look at 620, 605.