2025.5.10.BTC.ETH.SOL.BNB.Daily Market Analysis
BTC
Good afternoon, brothers. After a wave of market surge, the situation has once again entered a consolidation phase, with fluctuations of two to three white points up and down. For those who are still trapped and haven't been liquidated, encountering such a market is truly torturous, unable to eat or sleep well. The fear is that at any moment there will be a breakout and the price will surge 😅. Here are a few reference values for you, under what circumstances will the market go down for a correction. The bottom support of the consolidation zone is 102300. As long as the one-hour closing line breaks below this position, the market will move down for a correction. The time at which the closing line breaks dictates when to start counting. The lower target support is 101000.100000. Defensive level at 97900. The one-hour closing line indicates that as long as it has not broken 102300, the market is in consolidation. There is a reference value of 103000 in between; if the market consolidates above this price, the bulls have strength and there is still a chance to challenge the pressure at 104300. If this pressure breaks, the next strong resistance is around 106500. So for those who are trapped, the short-term strong liquidation suggestion is to stay above 108000 for relative safety. For those who are not trapped, monitor short positions near 106500 for stability.
ETH
Auntie is currently also in consolidation with little volatility. The defense position for long positions is in the range of 2310-2270. As long as the one-hour closing line does not break below this position, the bullish strength still exists. The upper target resistance can be seen near 2420 and 2488. Short positions can be monitored near these two resistance levels for the day. For a stable short, pay attention to the strong resistance around 2550. Only if the one-hour closing line breaks below 2270 will a smaller level start to correct. When it breaks down, that’s when we start counting. The lower pullback support is 2186, 2145, 2100.
SOL
SOL is undergoing a small-level correction, with lower pullback support at 167. If this position is not broken, the bulls still have strength. The upper resistance is around 175 and 180. Short positions can be attempted near this pressure. This wave of market needs to wait for the four-hour closing line to break below 167 to correct. When the four-hour closing line breaks this position, that’s when we start counting. The lower target support is 160, 155.
BNB
BNB reached the pressure of 678 that was given to the brothers last night precisely. Currently, the bullish strength at the small level is still there. The upper target resistance continues to be near the pressure of 678. If this pressure cannot break through on the second attempt, the market will correct. The lower pullback support to watch is 650, 638, 621.