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May 8, 2026 $BTC Market Trend Analysis for the Day
Bitcoin today, watch around 805; only if it stabilizes here will the 4-hour level correction be considered over. Look for short positions near 815, 825, and 846.
If it cannot go above 805, then first watch the previous low at 791; if it cannot break below, it will rebound again. If it breaks below, look for more at 78, 765, and 749.
Second Bitcoin today, watch around 2315; if it stabilizes here, a rebound will begin. Look for short positions near 2345, 2390, and 2420.
If it cannot go above 2315, then first watch the previous low at 2263; if it cannot break below, it will rebound again. If it breaks below, look for more at 2225, 2180, and 2115.
Solana today, watch around 87.5; if it does not break, it will rebound. Look for short positions near 90, 93, and 95.
If it falls below 87.5, the 4-hour level will begin to correct. Look for more at 85, 83, and 81.