2025.4.20.BTC.ETH.SOL.BNB.Intraday Market Analysis

BTC

Good evening, brothers. Bitcoin has finally started to show some volatility. Last night, it reached the first resistance level and then fell back. Currently, the amplitude is getting smaller. This afternoon's drop broke the four-hour support level. Let's see if this pullback will go deeper. The first target support to look at is around 83700, as this is a daily level support. If this level breaks, we will look at the last defensive support at 83000. If it can pull back to the 83500-83000 range, it is still possible to attempt a light long position, as the daily bullish pattern is still intact, only stopping at 82500. Leverage should be kept within fifty times. Tomorrow we switch to the weekly line, whether we can rally overnight depends on this wave. If tomorrow the daily line breaks below 83700, it indicates that this wave of daily rebound has ended, and we shouldn't consider long positions in the short term. We can build positions again in the 79000-76000 range, but note ⚠️ the premise is that tomorrow the daily line breaks below 83700, as long as the daily line closes without breaking below 83700, we can still look for a bullish rebound.

ETH

Ethereum hasn't dropped much because it is currently at a daily level support position. However, the four-hour chart has also broken down. Let's see if the four-hour close can go back above 1600. If it stabilizes at 1600, there is relative bullish momentum. The upper target resistance can be seen at 1630, 1660, and 1690. Before the four-hour chart stabilizes above 1600, it is not recommended to blindly enter long positions. Look at the lower supports at 1550, 1505, and 1470. It is advisable to pay attention to these positions and control your position size.

SOL

Solana is relatively strong. Last night, it reached the pressure around 140. Currently, it hasn't retraced much. The four-hour bullish pattern is still intact. In the short term, the support to watch for pullbacks is at 138. If this position does not break, the bullish strength is not exhausted. We need to continue monitoring the situation for a breakthrough at 140. If it breaks through again, the market will push towards the resistance at 145-147. Only if the four-hour close breaks below 138 will the strength of this upward movement weaken. The lower target support is at 135 and 130, near these two positions.

BNB

BNB is testing the defensive support at around 586. If this position does not break, the market can continue to look for a rebound. The upper target resistance is at 600, 610, and 620. If this wave of decline breaks below 586, pay attention to the spike at 582 and 576 near these two positions. #BTC☀ #ETH🔥🔥🔥🔥🔥🔥 #solana