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SOL Market Trend Analysis 20250508 - Day 599
The hourly trend is also following Bitcoin, and the daily chart remains in a consolidation phase with no clear direction, as if waiting for Bitcoin to choose a path.
The daily chart shows a small bullish candlestick in a doji pattern, with trading volume basically stable compared to previous days, showing slight signs of increased trading volume.
The daily MA30 line maintains a slow upward trend, and the MACD is showing a slight strengthening of bearish momentum near the zero line.
The 6-hour level has not yet crossed above the zero line, and the 12-hour MACD has not formed a golden cross. The 12-hour rebound is not yet effective; the short-term trend still mainly consists of narrow fluctuations. However, it should be noted that as long as either Bitcoin or Ethereum goes up, SOL will definitely follow suit. If the 12-hour rebound becomes effective, the price will continue towards 160-180.
Conversely, if Bitcoin declines, SOL will need to return to the 134-140 area for a pullback before rebounding upward.
The daily resistance levels are 160-172-183-204, and the support levels are 140-124-112-98-82.

ETH Market Trend Analysis 20250508 - Day 599
The hourly level still follows Bitcoin, and the daily level continues to maintain a narrow range of fluctuations, with the daily chart now almost flat like a straight line.
The viewpoint is consistent with yesterday; we have reached a node for a directional shift. It will either erupt in silence or perish in silence.
Here, it is still believed that Ethereum will have a fairly good daily level rise, meaning the directional shift will still trend upward. This rise at the daily level should at least reach the 2000-2120 range, and if the upward momentum is strong, it could continue to challenge the 2300 level.
As for the hourly level trend, whether it will drop first and then rise or rise directly is too uncertain to predict. We will patiently wait for the direction to emerge; breaking through 1880 could allow for chasing the rise.
Daily level resistance levels are 1880-2000-2120-2310, and support levels are 1760-1690-1540-1460.

Bitcoin Market Trend Analysis 20250508 - Day 599
This morning, the Federal Reserve's interest rate decision was as expected, with no rate cut. The market had already digested the impact of this news in advance, and after a brief hourly decline, Bitcoin's price rebounded again.
The daily line shows a small doji candlestick pattern with a bullish trend, and the trading volume is basically in line with the previous few days, within the normal trading volume range. The trend remains relatively strong, and as long as the upward momentum persists, the price will continue to push higher.
However, the pressure in the 99000-100000 range is significant. Without rate cut expectations and a large amount of capital accumulating to drive the price up, there is a high possibility of a false breakout here, leading to a daily level decline and pullback.
The weekly level of increase is basically confirmed, so any pullbacks at the daily level represent buying opportunities.
Daily level resistance levels are 99700-102044-110000, and support levels are 92840-91560-89960.

SOL Market Trend Analysis 20250507 - Day 598
The hourly trend is also moving in sync with Bitcoin. Bitcoin retraced to the 8-hour EMA52 line and formed a rebound, while SOL retraced to the 12-hour and daily EMA52 lines to form a rebound.
The daily chart shows a small bullish candlestick with a doji pattern, and the trading volume is slightly higher than the previous day, which falls within the normal trading volume range.
As we mentioned yesterday, SOL's several days of consolidation has shaken off some traders, but the daily upward trend remains unchanged. Therefore, we expect a new upward wave on the daily chart, driven by the momentum from the 12-hour rise, with the price potentially challenging the 160-180 range.
Around 180 is the upper boundary of the larger trend's consolidation, and after facing pressure here, it will likely retrace.
Daily resistance levels are 160-172-183-204, and support levels are 138-124-112-98-82.

ETH Market Trend Analysis 20250507 - Day 598
The hourly trend of Ethereum is still following Bitcoin, and there is no independent market movement for now.
At the daily level, there isn't much to say either, as it maintains a narrow range of fluctuations and is close to making a directional change. It will either explode in silence or perish in silence.
However, remember that a thin dead camel is still bigger than a horse. Even if Ethereum is to perish, there will be a bounce before it dies, so I still believe that Ethereum will experience a fairly good upward movement at the daily level, which means the trend will lean towards rising.
As for the hourly trend, whether it drops first then rises or rises directly has too many variables to predict.
We will just wait for the direction to appear.
The daily level resistance is at 2000-2120-2310, and the support level is at 1760-1690-1540-1460.

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SOL Price Trend Analysis 20250506 - Day 597
The daily line shows a small bullish candlestick, and the price has pulled back to the daily EMA52 line, forming a rebound at the hourly level. Overall, the hourly trend is following Bitcoin.
The daily level has seen over ten days of fluctuating downward movement, with a drop of less than 10%. This should have shaken out a group of people.
The daily MA30 line is still in an upward trend, so the short-term upward trend of the daily level has not changed. If Bitcoin drops next, it will lead to a drop in SOL prices, pulling back to the daily MA30 line (137.3). As long as it does not break below this line (short-term spikes do not count as breaking), it will be a very perfect trend.
The view remains the same as yesterday: the weekly level rebound has not ended, so the daily level fluctuations are normal adjustments. One can operate over an extended time period. SOL will experience a large-scale fluctuation in the big range of 120-180, and the operation should focus on larger waves, waiting for interest rate cuts, capital influx, and riding a wave of the main upward trend.
Daily level resistance levels are 160-172-183-204, and support levels are 137-124-112-98-82.

Ethereum Market Trend Analysis 20250506 - Day 597
The daily chart is still experiencing narrow fluctuations here; there isn't much to say about the short-term trend. It is best to wait for the fluctuations to end and then enter once a direction is chosen.
At the hourly level, it will still follow Bitcoin. This position can rise or fall, so the short-term trend depends on how Bitcoin moves.
Maintaining yesterday's view: The best scenario is for Bitcoin to quickly drop at the hourly level, returning to the 8-hour support level. Ethereum will follow suit, forming a quick rebound after a downward spike, with the daily line closing with a large bullish candle, then riding on Bitcoin's momentum to bring about a wave of daily-level increases. After charging to around 2100, it will then undergo a daily-level decline adjustment.
Daily-level resistance levels: 2000-2120-2310, support levels: 1760-1690-1540-1460

Bitcoin Market Trend Analysis 20250506 - Day 597
Yesterday, it fell back to the 12-hour MA30 line and showed a rebound at the hourly level. The rise encountered the 1-hour EMA52 line and started to decline again.
The next support level remains the 8-hour EMA52 line (92840), and there will be a wave of 8-hour level rebound when it reaches this point.
The daily line is a small bullish candle, and the trading volume is slightly larger than the two days over the weekend, but still within the normal trading volume range.
The daily MACD is not far above the zero line with a dead cross between the fast and slow lines, so the daily level still needs to continue adjusting. A downward move would just bring it back to the 8-hour to 12-hour support level, making it better for a rebound.
Today is Tuesday, and at 2 AM Beijing time on Thursday, the Federal Reserve will announce the new interest rate decision. The market is currently awaiting this news.
The weekly level rebound has been confirmed, and the daily level decline is just a normal pullback, providing you with an opportunity to enter the market.
Daily level resistance levels are 96860-99700-102044, and support levels are 92840-91550-89000.

SOL Market Trend Analysis 20250505 - Day 596
The weekly chart shows a small bearish candlestick with a doji pattern, and the trading volume is more than one-third less than the previous week, indicating a sideways trend.
The price has rebounded from the weekly MA120 line for three consecutive weeks back to the vicinity of the weekly EMA52 line, with the former support level now turning into a resistance level, causing the price to struggle against upward momentum.
The rebound at the weekly level has not yet ended; after a short-term adjustment, it will continue to rebound. Currently, we are waiting for Bitcoin to adjust accordingly.
From the chart, we can see that the price is still oscillating within the red box, with the midline of the red box (140) and the bottom area (120) being excellent buying positions.
The weekly MA30 line is currently flat, and the MACD shows a weakening downward momentum near the zero line. In the next two weeks, as long as we see a long-bodied bullish candlestick, the MACD will form a golden cross, and the upward momentum will become stronger, driving the price to continue rising.
The first target for the upward movement at the weekly level will be near the MA30 line, which is around 180.

Ethereum Market Trend Analysis 20250505 - Day 596
The weekly chart shows a small bullish candlestick with a cross star pattern, and the trading volume is about two-thirds of the previous week, which is considered a normal trading volume pattern.
From the perspective of the weekly candlestick combination, the bottom pattern has already formed, but the weekly MA30 line is still in a downward trend, and the price is relatively far from the MA30 line, so there is still a need for a rebound from an oversold condition. The MACD shows a weakening downward momentum below the zero axis. If this week closes with a relatively long bullish candlestick, then the MACD fast and slow lines will form a golden cross, indicating that the price will continue to rise in the coming weeks.
The upward trend at the weekly level for Bitcoin has been confirmed, so Ethereum will definitely follow suit. Currently, Ethereum is showing relatively weaker performance, but there is a possibility of a strong upward breakout in the future.
The upward target level at the weekly level is in the 2300-2500 range, so patience is required.

Bitcoin Market Trend Analysis 20250505 - Day 596
The weekly line is a small bullish candle with a long upper shadow and a short lower shadow, as we mentioned when closing last week's weekly line, this week there will be a trend upwards, followed by a drop for a retracement. Currently, the trend is moving according to our previous predictions.
The weekly MA30 line still shows an upward trend, so the upward movement at the weekly level has not ended yet. The price has currently broken through the MA30 line and closed above it, thus the MA30 line will form a short-term support, with the price around 90174.
The weekly MACD is returning from a high position to the zero axis, showing a weakening of the downward momentum, and the fast and slow lines are about to form a golden cross just above the zero axis. If this week closes with a bullish line, a golden cross will occur.
This week, the daily line will still have a slight downward retracement, and these retracements are opportunities to enter. The price won't only go up without dropping; a healthy market involves both rises and falls. Only when interest rates are lowered will large amounts of capital flow in, and that will be the main upward wave.

SOL Market Trend Analysis 20250504 - Day 595
After rebounding for two days, the daily chart has started to oscillate downwards (gradually declining), seemingly waiting for a drop in Bitcoin before making a correction.
The decline is for better upward movement; waiting for SOL to return to the daily MA30 line, which is around 135, will be a very good entry point in the short term.
If the price reaches the 110-120 range, be bold in increasing your position; even if you get caught, it won't take long to break even.
In recent months, SOL has been oscillating in a large range between 110 and 180, building a base while waiting for interest rate cuts to then embark on a main upward wave.
Daily level resistance: 160-172-183-204; support levels: 135-124-112-98-82.

Ethereum Market Trend Analysis 20250504 - Day 595
There isn't much to say about Ethereum; it has been consolidating with reduced volume, waiting for a directional choice.
Bitcoin is facing a downward adjustment, so Ethereum will likely follow suit. If Bitcoin experiences a rapid decline that drags Ethereum down, the subsequent downward spike on an hourly basis will present a great buying opportunity.
The upward trend on the weekly chart for Bitcoin has been confirmed, so any pullback provides a buying opportunity for Ethereum.
The daily chart resistance levels are 2000-2120-2310, and the support levels are 1740-1690-1540-1460.

Bitcoin Market Trend Analysis 20250504 - Day 595
The daily line is a small bearish candle, and the bearish candle's body does not exceed the bullish candle's body from the 1st in general. Today's trend is very critical; if it continues to decline, and if the two bearish candle bodies exceed more than half of the bullish candle body from the 1st, it will form a short-term top pattern, and then the price will need to decline further.
From the momentum trend perspective, this wave is a rebound driven by 4-hour level bullish momentum. Currently, it has returned to the 2-hour EMA 52 support level, forming a weak rebound. If the 2-hour level cannot hold, it will need to return to the 8-hour EMA 52 line for another rebound, with the price around 92400, a decline of approximately 3%, which is not significant.
However, for altcoins, especially those with relatively large gains, if Bitcoin falls rapidly, altcoins will experience a considerable decline, so it is necessary to pay attention to the decline of altcoins caused by Bitcoin's drop.
Daily level resistance at 99700-102044, support at 94765-91680-88950

SOL Market Trend Analysis 20250503 - Day 594
The daily line shows a small bearish candle, still maintaining its own rhythm. Trading volume has remained relatively low.
The daily MA30 line maintains an upward trend, and the MACD shows a continuous weakening of upward momentum near the zero line. The fast and slow lines are about to cross, and if the price oscillates here, the daily level adjustment will continue.
The daily level adjustment will primarily be characterized by oscillation. If a decline occurs, the daily MA30 line will be a good entry point, with the price around 135. If it retraces without breaking the MA30 line, the new upward trend at the daily level can be confirmed.
Since the rebound at the weekly level for Bitcoin has been established, any pullbacks in SOL present good opportunities for entry and accumulation.
The short-term targets are set at three levels: 160-170-180. SOL's larger cycle will still experience major fluctuations in the range of 120-180, waiting for a main upward wave after establishing a bottom.
Daily level resistance at 160-172-183-204, support at 139-127-112-98-82.

Ethereum Market Trend Analysis 20250503 - Day 594
The daily chart of Ethereum shows another Doji candlestick. There isn't much to say at the daily level; the sideways, low-volume fluctuations won't last forever, and a direction will soon be chosen. Patience is necessary; as long as Bitcoin doesn't drop, Ethereum could see a large bullish candlestick at any time.
The view is consistent with yesterday:
The daily line is already close to the daily EMA52 line. The daily MA30 line, which has been in a downtrend, is gradually flattening. The MACD fast line has crossed above the zero line, while the slow line is sticking close to the zero line, showing a slight weakening of upward momentum. With this MACD trend, just one bullish candlestick will continue to transition into stronger upward momentum.
The daily EMA52 line no longer constitutes a resistance level, making it easier for prices to rise and break through. Next, we just need to wait for a large bullish candlestick to break through. After the breakout, the target for the upward movement will be at 2000, followed by the positions of the two blue lines.
The upward trend at the Bitcoin weekly level has been confirmed, so any pullbacks are buying opportunities for Ethereum.
Daily level resistance points: 2000-2120-2310, support points: 1740-1690-1540-1460

Bitcoin Market Trend Analysis 20250503 - Day 594
The daily line is a small bullish candle with an upper shadow, and the trading volume is only two-thirds of the previous day, still maintaining normal trading volume.
Yesterday, we mentioned that the target for the rise was to break through 96000, which would lead to a surge towards 97000. However, after the actual price rose to around 97895, it faced resistance and experienced a downward correction at the hourly level. Currently, the upward momentum continues to weaken and needs adjustment. Today is Saturday, and weekend liquidity will be relatively poor, so the market will likely maintain a high-level oscillating trend over the next two days.
From the overall market sentiment, the vast majority believe that Bitcoin is about to experience a sharp decline, and the number of short positions remains substantial. The daily trend of Bitcoin clearly shows a high-level consolidation, followed by a significant bullish breakout, then continued high-level consolidation, and further breakthroughs towards one new high after another.
Therefore, in terms of operations, we will not short, and long positions at lower levels should still be reduced on rallies, considering short positions as we approach the 100000 level based on the situation.
The resistance levels at the daily chart are 99700-102044, and the support levels are 94765-91680-88950.