5月6日最新市场概览：SPX、DXY、BTC、ETH、BNB、SOL、XRP、TON、DOGE、ADA

The Bitcoin market is encountering resistance around the 50-day SMA, indicating that the period of range-bound activity may persist for a few days. Bitcoin experienced heightened volatility in the past week. It bounced back from an intra-week low of approximately ,500 to close above ,000, marking a slight increase of around 1.5% compared to the previous week. This demonstrates ongoing positive sentiment, with bullish investors seizing opportunities at lower price levels. As per data from Farside Investors, spot Bitcoin exchange-traded funds saw net inflows of 8 million on May 3. Particularly noteworthy was the influx of million into the Grayscale Bitcoin Trust ETF, its first since transitioning into a spot Bitcoin ETF in January. While it’s premature to conclude, early indicators suggest that the continuous selling pressure on GBTC may be subsiding. Daily cryptocurrency market performance. Source: Coin360 Bitcoin’s recovery in 2024 has helped the sector attract venture capital funding of over billion for two consecutive months in March and April, according to RootData. This was the first such occasion since October through November 2022. What are the critical resistance levels to watch out for in Bitcoin and altcoins? Let’s analyze the charts to find out. S&P 500 Index (SPX) Market Analysis The bears struggle to sustain the S&P 500 Index market below the moving averages, indicating solid buying at lower levels. SPX daily chart. Source: TradingView If buyers sustain the price above the 50-day simple moving average (5,131), it will signal that the corrective phase may be over. The index may attempt a rally to the all-time high at 5,265, where the bulls are likely to encounter strong selling by the bears. If the price drops sharply from 5,265, the index may enter a range for a few days. On the other hand, a break above 5,265 will indicate the resumption of the uptrend. The index may attempt a rally to 5,500. The critical support on the downside is 5,000 and then 4,950. U.S. Dollar Index (DXY) Market Analysis The U.S. Dollar Index market turned down from the 106.50 overhead resistance on May 1, indicating that the bears are fiercely defending the level. DXY daily chart. Source: TradingView The bears pulled the price below the 20-day EMA (105.43) on May 2 and extended the fall to the 50-day SMA (104.56) on May 3. Lower levels attracted solid buying by the bulls, as seen from the long tail on the May 3 candlestick. If the price turns down from the 20-day EMA, it will increase the likelihood of a drop to the support line of the ascending channel. On the other hand, a break above the 20-day EMA could propel the price toward 106.50. Bitcoin (BTC) Market Analysis After a minor hesitation, the Bitcoin market surged above the 20-day EMA (,556), but the bulls could not pierce the 50-day SMA (,937). BTC/USDT daily chart. Source: TradingView Both moving averages have flattened out, and the RSI is near the midpoint, indicating a range-bound action in the near term. The BTC/USDT pair will likely remain between ,500 and ,777 for some more time. A break and close above the 50-day SMA could attract further buying, pushing the pair to ,777. The bulls are expected to face formidable resistance at this level because if it breaks down, the pair may start the next leg of the uptrend to ,000. Ether (ETH) Price Analysis Ether broke out of the 20-day EMA (,143) on May 6, but the long wick on the candlestick shows strong selling by the bears. ETH/USDT daily chart. Source: TradingView The sellers will try to build upon their strength and pull the price down to the vital support at ,850. This is a significant level to keep an eye on because a drop below it could result in a decline to the support line of the descending channel. This negative view will be invalidated in the near term if the price rises from the current level and soars above the resistance line. Such a move would suggest a potential trend change, and the ETH/USDT pair may then rise to ,730. BNB Price Analysis BNB rose above the moving averages on May 3, signalling that the bulls are trying to push the price to the overhead resistance of 5. BNB/USDT daily chart. Source: TradingView The bears have successfully protected the 5 level on four previous occasions; hence, they will try to do the same again. If the price turns sharply from the overhead resistance, it will suggest that the BNB/USDT pair may oscillate between 5 and 5 for a while longer. A break and close above 5 will indicate the resumption of the uptrend. The pair may climb to 2, where the buyers may face stiff resistance. On the way down, the bears must sink and maintain the price below 5 to seize control. Solana (SOL) Price Analysis Solana has been trading between 6 and 2 for several days, indicating indecision about the next directional move. SOL/USDT daily chart. Source: TradingView The flattish 20-day EMA (6) and the RSI just above the midpoint suggest that the range-bound action may continue for some more time. If the price maintains above the 20-day EMA, the SOL/USDT pair could rally to the overhead resistance at 2. Buyers may find it challenging to overcome this obstacle. However, if the bulls bulldoze above 2, the pair may accelerate toward 5. This level is likely to act as a formidable resistance. On the downside, a break below the 20-day EMA could sink the pair to 6. XRP Price Analysis The bulls pushed XRP above the 20-day EMA ({内容}.53) on May 6, indicating that the corrective phase may end. XRP/USDT daily chart. Source: TradingView The flattish 20-day EMA and the RSI just above the midpoint suggest a balance between supply and demand. If the bulls drive the price above the 50-day SMA ({内容}.56), this advantage will tilt in their favour of them. The XRP/USDT pair could then pick up momentum and climb to stiff resistance at {内容}.67. The bears are likely to have other plans. They will try to protect the 50-day SMA and pull the price back below the 20-day EMA. If they do that, the pair may plummet toward the crucial support zone between {内容}.46 and {内容}.41. Toncoin (TON) Price Analysis Toncoin rose above the moving averages on May 3, indicating that the lower levels are attracting strong buying by the bulls. TON/USDT daily chart. Source: TradingView The relief rally will likely face selling in the zone between the 50% Fibonacci retracement level of .13 and the 61.8% retracement level of .49. If the price turns down from the overhead zone, the bears will try to strengthen their position by pulling the TON/USDT pair below the moving averages. That could tug the price to the pivotal support at .72. On the contrary, if the price breaks above .49, it will signal sustained buying at higher levels. That could lead to a possible rise to .24 and thereafter to .67. Dogecoin (DOGE) Price Analysis Dogecoin’s recovery is facing selling at the 50-day SMA ({内容}.17), but a minor advantage in favour of the bulls is that they have not allowed the price to slip below the 20-day EMA ({内容}.15). DOGE/USDT daily chart. Source: TradingView If the price maintains above the 20-day EMA, the bulls will take another shot at the 50-day SMA. Repeated retests of a resistance level tend to weaken it. If this level is removed, the DOGE/USDT pair could rally to {内容}.21. If bears want to prevent the upside move, they must quickly pull the price back below the 20-day EMA. If they do that, it will suggest that the bears remain active at higher levels. The pair may then drop to {内容}.12. Cardano (ADA) Price Analysis Cardano again turned down the 20-day EMA ({内容}.47) on May 6, indicating that the bears continue to defend the level aggressively. ADA/USDT daily chart. Source: TradingView The bulls are trying to defend the {内容}.46 support because if this level breaks down, the ADA/USDT pair could retest the crucial support at {内容}.40. Buyers are expected to defend this level fiercely. Contrary to this assumption, if the price turns up from the current level and breaks above the 20-day EMA, it will signal that the selling pressure is reducing. The pair could then attempt a rally to the overhead resistance at {内容}.57. Source – Rakesh Upadhyay Source: fintechs.fi 共有Facebook推特Pinterest LinkedIn汤博乐电子邮件 上一篇文章Worldcoin战胜亿万富翁Mike Novogratz，让他变得恃强凌弱：报道下一篇文章SmartyTrade福利和赠品 相关帖子新的比特币里程碑：2024年5月6日实现10亿笔交易-6884次浏览CZ令人惊讶的四个月监禁震撼加密世界2024年2月2日-698次浏览最新市场概述5月1日：BTC、ETH、BNB、SOL、XRP、DOGE、TON、ADA、AVAX、SHIB 2024年3月2日6638次浏览Coinbase现已集成比特币的闪电网络2024年4月30日-4150次浏览Ripple和HashKey DX:XRPL驱动的解决方案于2024年6月30日抵达日本-2431次浏览SlowMist于2024月27日揭露的新加密骗局-8734次浏览 加密货币新闻大学发言人在阿亚瓦斯卡的演讲中为先令比特币发出嘘声加密货币新闻2024年5月7日-7450次浏览量狗狗币价格飙升15%，因为在美国证券交易委员会的油井通知中，鲸鱼将狗狗移到Robinhood；Dogeverse ICO走向弹道加密货币新闻2024年5月7日-5248浏览量比特币挖矿收入创年度新低：BTC的安全面临风险吗？加密货币新闻2024年5月7日-6968次浏览量Tom Brady因在FTX交易所崩溃前推广FTX交易所而在Netflix上受到吐槽加密货币新闻5月7月2024年5439次浏览量Revolut的新加密货币交易所上线加密货币新闻7月7日-8604次浏览量Aevo价格预测：Aevo跃升2%，因为这场绿色人工智能加密货币预售突破320万美元加密货币新闻4月7日-3839次浏览量