The market led by Bitcoin is currently undergoing a daily-level correction, with little rebound strength at the lower levels. Bitcoin is currently at a critical position around 104373. If it can break through this level on the hourly close, the rebound strength will increase. This means that at least the hourly level must stabilize above this resistance to see a rebound target at 104900. The defense level is at 106300. Before stabilizing above 104373 on the hourly level, the rebound strength will not be significant, indicating that this downward probe is not yet complete. Continue to monitor the support targets below: 103000, 102000, and 100800. Maintain a cautious long position within the range of 102000-100800. ETH The current situation of the secondary market is also in a small-scale downtrend pattern, with a significant resistance near the 2515 position. At least a one-hour closing breakthrough of this resistance is needed for the rebound strength to be greater. The upper target resistance can be seen at 2550.2580. If the one-hour rebound does not stabilize before 2515, the rebound strength will not be too strong, indicating that this wave of decline is not finished yet. Attention should be paid to the second exploration support levels of 2454.2350.2315. Conservative long positions can be considered near the second and third support levels. SOL The recent daily pullback of SOL has just hit the support near 150. The key resistance for a rebound is around 154. A breakout above this pressure must close at least on an hourly basis for the rebound strength to increase. The target resistance above can be seen around 158.160. If the price cannot even push above 154 during the night rebound, the market will continue to explore downward. The target support below can be seen around 145.140, and cautious long positions can be observed in this range.
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GateUser-a617fee9
ยท 2025-06-02 13:57
Go strong ๐
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GateUser-a617fee9
ยท 2025-06-02 13:57
Hold on tight ๐ช
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GateUser-a617fee9
ยท 2025-06-02 13:57
Hold on tight ๐ช
View OriginalReply0
GateUser-a617fee9
ยท 2025-06-02 13:57
Go strong ๐
View OriginalReply0
Hasnain_2208
ยท 2025-06-02 10:31
Watching Closely ๐
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Y_SysID
ยท 2025-06-02 05:48
Bearish Pressure: Despite a slight rebound, Bitcoin is facing bearish pressure with an increasing risk of a "Death Cross", indicating uncertainty in the crypto market.
Market Liquidity: Strong liquidity in the crypto market provides opportunities for BTC to return to the level of $109,000.
Night Market Analysis
BTC
The market led by Bitcoin is currently undergoing a daily-level correction, with little rebound strength at the lower levels. Bitcoin is currently at a critical position around 104373. If it can break through this level on the hourly close, the rebound strength will increase. This means that at least the hourly level must stabilize above this resistance to see a rebound target at 104900. The defense level is at 106300. Before stabilizing above 104373 on the hourly level, the rebound strength will not be significant, indicating that this downward probe is not yet complete. Continue to monitor the support targets below: 103000, 102000, and 100800. Maintain a cautious long position within the range of 102000-100800.
ETH
The current situation of the secondary market is also in a small-scale downtrend pattern, with a significant resistance near the 2515 position. At least a one-hour closing breakthrough of this resistance is needed for the rebound strength to be greater. The upper target resistance can be seen at 2550.2580. If the one-hour rebound does not stabilize before 2515, the rebound strength will not be too strong, indicating that this wave of decline is not finished yet. Attention should be paid to the second exploration support levels of 2454.2350.2315. Conservative long positions can be considered near the second and third support levels.
SOL
The recent daily pullback of SOL has just hit the support near 150. The key resistance for a rebound is around 154. A breakout above this pressure must close at least on an hourly basis for the rebound strength to increase. The target resistance above can be seen around 158.160. If the price cannot even push above 154 during the night rebound, the market will continue to explore downward. The target support below can be seen around 145.140, and cautious long positions can be observed in this range.