2025.5.24.BTC.ETH.SOL.BNB.Intraday Market Analysis
BTC
Good afternoon, brothers. The big pie broke through the four-hour support last night and completed a four-hour upward movement. Currently, the four-hour trend is still in a retracement phase. This morning, it dipped again to test the daily support around 10700 and has started a minor rebounce. The rebound pressure is between 10900-109700; at least a four-hour close is needed to break through this resistance zone for the retracement to be considered complete. Only then can there be a chance for a second upward push, with the top resistance remaining at 111840. Before the four-hour close breaks above the resistance zone, the market will undergo a four-hour level retracement, with intraday oscillation positioned between 107000-109700. Both long and short positions can be set around the top and bottom of this range. This wave of market movement needs a deep retracement and requires waiting for the daily level to break below 107000. Only then will the downward momentum be significant.
ETH
The daily level is in a consolidation phase, while the four-hour level is still in a retracement trend. The intraday rebound pressure is in the range of 2571-2591; at least a four-hour close is needed to break through the 2591 resistance for the four-hour level retracement to be considered complete. Only then will there be a chance for a second upward push, with the upper target resistance looking at 2692.2730. Before the four-hour close breaks 2591, it is merely a minor rebound, and the bulls are unstable, with a potential for another dip towards the support levels of 2500 and 2450 nearby.
SOL
The four-hour level for SOL has also broken and started to retrace. The intraday rebound pressure is at 179. At least a four-hour close is needed to break through this pressure for the four-hour retracement to be considered complete. Only then can there be a chance for a second upward push, with the upper target resistance looking at 185 and 187. Before the four-hour close stabilizes above 179, the market's bullish stance cannot be considered stable, and attention should continue to be paid to the support levels of 172, 165, and 160 below.
BNB
The four-hour level for BNB is in a retracement trend, with intraday rebound pressure at 674. At least a four-hour close is needed to break through this pressure for the four-hour retracement to be considered complete. Only then can there be a chance for a second upward push, with the upper resistance looking at 680 and 690. Before the four-hour close stabilizes above 674, the market can only observe minor rebounds, and the bulls have not stabilized. Attention should continue to be paid to the support levels of 655, 650, and 640 below.