May 5, 2026 $BTC $ETH $SOL Intraday Market Trend Analysis


Brothers, good evening. During the day, the group also experienced both long and short trades. Just hold the long positions in Bitcoin and exit early or reduce positions if prompted. Tonight, pay attention to the first support level below; as long as the daily chart does not break the first support, the bullish trend continues, meaning it’s still a rebound. If it breaks the first support, the daily chart will start to retrace.
Night Market Analysis:
Bitcoin tonight watch around 793; as long as the hourly chart does not break below this, it will continue upward. First look at the previous high of 806; if it cannot break through, it will still retrace to 815, 830, 846 for short positions.
If the hourly chart breaks below 793 and closes below it, then retrace to 781, 765, 749, waiting for long positions near these levels.
Bitcoin (second Bitcoin) tonight watch around 2350–35; as long as the hourly level remains above this, it will go up to 2420, 2460, 2510 for short positions.
If the hourly level breaks below and cannot go above these levels, then retrace to around 2310, 2280, 2255 for long positions.
Solana tonight watch around 84.5; as long as the hourly chart stays above this, it will go up to 85.9, 87, 89 for short positions.
If it breaks below and closes below 84.5, then retrace to 83.3, 81, 79 for long positions.
BTC1.45%
ETH1.06%
SOL-0.16%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin