2025.4.20 Bitcoin/Ethereum/BNB/SOL intraday market analysis
Good afternoon, brothers. It's the last day of the week. It's been a boring week with a sideways market at the daily level, with only about 3000u of space up and down. It doesn't matter whether you trade or not. If your friend can't control themselves, let them go long and short; if you're not trading, just take a good rest!
Given the current trend of Bitcoin, many people want it to break out of the sideways consolidation area, but are also afraid of a strong one-sided move. It's like the feeling with your beloved aunt; you want her to come, but you also don’t want her to come. But don’t worry, there’s a high probability of a direction emerging next week, especially tonight. Pay attention to the top and bottom of the consolidation area that we discussed a few days ago, so I won’t elaborate further!
Today's market analysis:
$BTC Bitcoin briefly surged last night and then came back down. Today pay attention to the 84800 position. As long as the 4-hour level does not break below this position, a small pullback will still lead to a rise. Continue to monitor the upper pressure levels around 85465-86100-87260-88500!
If Bitcoin drops below the 84800 position during the pullback today, the 4-hour level will start to correct. Pay attention to the support levels around 84320-83720-83000-81500! #BTC market analysis
$ETH Ethereum briefly surged last night and then came back down. Today pay attention to the 1600 position. As long as the 4-hour level does not break below this position, a small pullback will still lead to a rise. Continue to monitor the upper pressure levels around 1632-1661-1690!
If Ethereum drops below the 1600 position during the pullback today, then the 4-hour level will start to correct. Pay attention to the support levels around 1582-1562-1538!
$BNB BNB pulled back to the support level last night and then started to rebound. Currently, it is in a sideways consolidation after a 1-hour rebound. Today pay attention to the bottom of the consolidation area at the 591.5 position. As long as the 1-2 hour level does not break below this position, the market will continue to rise. Pay attention to the upper pressure levels around 595.3-600-609.8!
If the 1-2 hour level drops below the 591.5 position today, it indicates that the market will continue to correct. Pay attention to the support levels around 587.2-581.5-576.3! #BNB market
SOL briefly surged in the morning and then came back down. Today pay attention to the 138.6 position. As long as the 4-hour level does not break below this position, a small pullback will still lead to a rise. Continue to monitor the upper pressure levels around 141.9-144.5-147.4!
If it drops below the 138.6 position during the pullback today, the 4-hour level will start to correct. Pay attention to the support levels around 136.3-133-129.5! #solana
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