๐ Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
๐
Event Duration:
May 16, 2025, 8:00 AM โ May 23, 2025, 06:00 PM UTC
๐ฏ How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related โ here are some ideas:
๐น Commemorative:
Look back on the iconic โ10,000 BTC for two pizzasโ story or share your own memories with BTC.
๐น Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Night Market Analysis
BTC
Good evening, brothers. Today, Bitcoin tested the resistance at 104300 for the second time, and the market has begun to move sideways at a smaller scale, with upward momentum weakening. Currently, the market is still experiencing one-hour level fluctuations. In the evening, pay attention to the bottom support of the sideways area at 102300. As long as this position is not broken, the market will continue to fluctuate; the top resistance continues to see 104300. If this resistance is broken, the heavy resistance above is around 106500, and short positions can be monitored around this level. Only if the one-hour close is below 102300 will the market show a small-scale correction. The support for the downward correction can be seen at around 101000 and 100000. These two levels are considered normal retracements for the daily upward trend. If the retracement breaks below 100000, the defensive support below is around 97000.
ETH
The aunt is currently forming a sideways fluctuation on the hourly level, with a small level support at 2260. If this position is not broken, the market will continue to fluctuate, with pressure above at 2420 and 2488. The pressure for the night will first look at these two positions, with heavy pressure at the monthly level at 2550. If the hourly level closes below 2260 tonight, it indicates that the hourly level has begun to pull back, with support for the pullback at 2200 and 2120. The defense is at 2010.
SOL
SOl has currently just tested the one-hour level support at 167. If the one-hour close falls below this level, the one-hour level will begin to correct, with support on the downside at 160 and 155. Defend around these two positions, with 150 as the stop. As long as the one-hour close does not fall below 167, the upward momentum remains, with resistance at the upper high points continuing to be seen at 175 and 180, around these two positions.