2025.6.1.BTC.ETH.SOL.BNB.Night Market Analysis
BTC
Good evening, brothers. I got completely drunk during the Dragon Boat Festival, and yesterday I couldn't recover the whole day. Today is the first day of June, and I wish all my brothers a prosperous new month, with successful trades. The weekend market fluctuations are not large.
The major trend led by Bitcoin is currently experiencing a daily level pullback, with smaller time frames showing little rebound strength. Bitcoin is now at a critical level around 104373. If it can break this level on the one-hour closing, the rebound strength will be greater. This means it must stabilize above this pressure for at least one hour to consider targets of 104900 above. The defense level is at 106300. Until it stabilizes above 104373 on the one-hour chart, the rebound strength will not be significant, indicating that this wave of decline is not yet complete. We need to keep an eye on the support targets below: 103000, 102000, 100800. A conservative long position should be monitored in the range of 102000-100800.
ETH
Ethereum is currently also in a small-level downtrend. There is significant resistance at 2515. At least the one-hour closing must break this resistance for a stronger rebound. The target resistance above can be seen at 2550, 2580. If the one-hour rebound does not stabilize above 2515, the rebound strength will not be significant, indicating that this wave of decline is not yet complete. Keep an eye on the support levels below: 2454, 2350, 2315. A conservative long position should be monitored near the second and third support levels.
SOL
SOL's daily pullback has just hit support around 150. The important rebound resistance is near 154. At least the one-hour closing must break this resistance for a stronger rebound. The target resistance above can be seen at 158, 160. If the night rebound fails to break 154, the market will continue to decline. The support targets below can be seen at 145, 140. A conservative long position should be monitored in this range.
BNB
The rebound resistance for BNB is at 654. The one-hour closing must break this resistance for the market to have a one-hour level rebound. The target rebound resistance can be seen at 661, 670. If the one-hour closing does not break 654, it indicates that the small-level decline has not ended. We need to keep an eye on the support level of 645, with a breakdown target at 640, 630. A conservative long position should be monitored in this range. #BTC☀ #ETH🔥🔥🔥🔥🔥🔥 #solana