🍕 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!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Night Market Analysis
BTC
Good evening, brothers. The market is not fluctuating much today. Pay attention to the support around 103500 during the night. As long as the four-hour closing does not fall below this level, the market will continue to move in a range-bound upward trend. The upper target pressure is 105000-106500. If it reaches around 106500, you can attempt to open a small short position. If the four-hour closing falls below 103500 during the night, then this wave of four-hour upward movement will end. Watch for support around 102300 on the downside. Only a drop below this level will increase the retracement pressure. The targets for retracement can be around 101000-100000. As long as it does not fall below 102300, the market will still be in a range.
ETH
The secondary support at the four-hour level is currently at 2465. If it breaks down, the one-hour and two-hour charts also show a retracement trend. Tonight, watch the resistance at 2512. If the four-hour close can stabilize above this resistance again, the market may continue to rise, with upper target resistances at 2600, 2700, and 2850. If the four-hour close by 4 AM cannot stay above the price of 2465, it can basically be confirmed that the four-hour level is starting to retrace, with lower target supports at 2330, 2270, and 2186.
SOL
SOL has started to pull back on the four-hour level. The upper four-hour resistance is at 173. As long as the four-hour closing line cannot break this resistance, the market will look for a pullback, with support at 160.155 below. Only if the four-hour closing line breaks 173 will there be a chance for a second surge, while the upper resistance still looks at around 180.