May 19, 2025
BTC
The daily chart of Bitcoin is moving downwards. Yesterday it was able to rise so much, it was really a short liquidation. Today's price remains the same as yesterday; some positions have exited, and others are hanging at the top of the mountain. I don’t know if you still remember that last week I told you to start positioning long and medium-term near 106500. Today it reached a high of 107000. And today is Monday, the week has just changed. This type of movement of up and down, in addition to this wave of retracement breaking all forms of lower-level support, in the short term I am not optimistic about a second peak. At least a daily retracement must be completed before the market has a chance to rise, with a cycle of at least more than a week. Therefore, for the brothers who are chasing highs, if you can exit on the rebound, it is suggested to do so first. The intraday rebound pressure is 104000. At least the four-hour closing line must exceed this pressure; only then will the bullish shape be considered repaired. Before the four hours do not exceed 104000, it is not suggested to look at the market in LONG blindly. The market will continue looking near these two supports 101400-10800. Buy orders on rebound can be attempted around 101000 with a small position, carrying a good stop-loss. The logic of the trades: the main focus is on selling SHORT during the rebound, near the pressure of 10400 can be attempted with a small position.
ETH
The daily line of Ethereum effectively broke yesterday; today it can be confirmed that this wave of the daily line is descending. This wave of Ethereum has clearly shown weakness in its rise, continuing to fall instead of rising. During the day, pay attention to the rebound pressure at the top 2410.2466. If the rebound does not exceed these two pressures, the market will continue to observe the daily retracement, with a support target at the bottom of 2270.2160, defending 2000. During the day, pay attention to this range of 2440-2460 for short positions. Wait for the four-hour line to close and break 2460 to exit manually.
SOL
The daily level and small cycles of SOL are in a downtrend, the daily level confirms the retracement. The rebound pressure at the top is 168. At least the four-hour closing line must exceed 168 for the bullish shape to be considered repaired. Then, observe the pressure of the daily line at 173. If it can rebound in this pressure range, a short sale can be attempted. Wait for the daily line to stabilize at 173 to exit manually. The support target at the bottom is 155.145.
BNB
BNB yesterday just rebounded near the daily pressure of 652, there was no high stop-loss, the swing is not very large either. Currently, the daily level is also trending towards retracement. The rebound pressure during the day is 644.653. If the rebound does not exceed these two pressures, the market will look towards the retracement, with a support target at the bottom of 620.605.
