2025.5.17.BTC.ETH.SOL.BNB.Intraday Market Analysis

BTC

Good afternoon, brothers. This morning, Bitcoin touched the daily support and is now experiencing a small-scale rebound. The current market is stuck at the daily support, which has not been broken for a long time. Despite multiple dips, it has not broken through. Today, being the weekend, the market fluctuation will not be too large, and since the market is in a daily horizontal consolidation, both long and short positions can be focused around the top resistance and bottom support. Currently, the four-hour support has broken, but this rebound has once again reached the four-hour resistance near 103700. Pay close attention to whether this resistance can be broken at the four-hour closing. If the four-hour closing breaks through 103700 again, then the four-hour level will stabilize the bulls, and the market may continue to rise, with upper target resistances at 104500, 105000, and 105800. If it can reach the second and third resistance levels, short positions can be attempted with proper stop-losses. As long as the four-hour closing has not stabilized above 103700, the market will be viewed as a four-hour level correction, with the lower target support remaining at 102500, 101400, and 100800.

ETH

Auntie, this dip has reached the first target support. Currently, the four-hour level has broken, and we are seeing a four-hour level correction again. The upper target resistance is 2560. Only if the four-hour closing breaks above 2560 again will the market have a chance for a second rise, with upper target resistances remaining at 2647 and 2730. As long as the four-hour closing has not stabilized above 2561, the market will be viewed as a correction, with lower support continuing to look around 2410. A break below 2410 on the daily level will indicate that this daily rise has ended.

SOL

Currently, SOL has broken the daily level, indicating that this daily rise has concluded. The upper daily resistance is 171, and it has not stabilized above 171 again today. The market is unlikely to achieve a second rise. Pay attention to this resistance area for any intraday rebounds, and short positions may be considered if defending 174 in this range. The lower target support is at 158 and around 155.

BNB

Currently, BNB has also broken the daily level, with the daily rebound resistance at 652. As long as the market has not stabilized above 652 today, it will be viewed as a daily level correction. The intraday rebound can also pay attention to this resistance, defending 660. If it rebounds within this range of resistance, short positions can be considered, with lower target support looking at 620, 605, and 499.