Afternoon of August 24 (BTC/ETH/BNB/SOL) Intraday Market Analysis
BTC
Key focus for the day: 114500 key support level:
If this level holds on the 4-hour chart, there is potential for an upward continuation after a minor pullback. Key resistance levels to watch above are around 116000, 117400, and 118560.
If the 4-hour chart breaks below 114500, this round of significant rebound may be declared over, and the market will enter a correction phase, with support levels to watch below at 113255, 111625, and 110520.
ETH
The intraday bull-bear dividing line is the 4745 support level:
As long as this level is not broken, all time frames maintain a bullish pattern, and the upward trend is expected to continue. Key resistance levels to watch above are around 4815, 4855, and 4888.
If it breaks below 4745 during the day, the 1-hour chart will initiate a pullback, with support levels to watch below at 4702, 4663, and 4614.
BNB
Focus on the 887 key price level for the day, as it is the core turning point for the market:
If the 4-hour chart stabilizes above 887, this round of pullback will officially end, and the market will restart upward movement. Key resistance levels to watch above are around 894 and 901.
If it cannot stay above 887 throughout the day, the market will continue to face pressure, and the adjustment trend will persist. Support levels to watch below are 875, 864, and 852.
SOL
The core support level for the day is 206, determining the short-term trend direction:
As long as this level is not broken, all time frames maintain a bullish advantage, and the upward rhythm is expected to continue. Key resistance levels to focus on above are around 212, 215, and 218.
If it breaks below 206 during the day, the 1-hour chart will initiate a pullback, with support levels to note below at 202, 198, and 195.