Bitcoin slid through the week, losing the 76k handle and now testing 74k. BNB stayed calmer, still holding above 635 despite the same macro headwind. One is absorbing ETF outflows, the other is leaning on its own quarterly burn schedule. The next 4H candle will show whether this is just a pullback or the start of a deeper slide.
Current levels:
BTC ≈ $74,732
BNB ≈ $640.53
BTC (4H) — 74k Demand Zone Under Pressure
Bitcoin fell from 77.5k to 74.7k this week, erasing most of the gains from the earlier CPI relief rally. The 4‑hour chart shows a clean breakdown below the 75k support zone, with consecutive red candles and rising volume. The RSI has drifted down to 38, not yet oversold but tilting bearish.
The sell‑off came as spot BTC ETFs recorded roughly 420 million dollars in net outflows over the past five trading days, the heaviest weekly exodus since late April. On‑chain data also shows that miners have increased their sell pressure, with the miner reserve dropping to a three‑month low. On the other hand, the open interest in BTC futures remains elevated at around 19 billion dollars, meaning leverage is still high. A sharp move in either direction could trigger liquidations.
The immediate support at 74,289 has been tested twice in the last 24 hours. A clean break below that level would open the path toward 73,500 and then the 72,800 area. On the upside, reclaiming 75,800 would be the first sign that sellers are exhausted.
Key Levels
Resistance: $75,129 → $75,800
Support: $74,289 → $73,500 → $72,800
Trade Triggers
· Bull Setup: 4H candle close ABOVE $75,129. That would suggest the ETF outflows have been priced in and buyers are stepping back.
· Bear Setup: 4H candle close BELOW $74,289. That would confirm the downtrend continuation.
Bull Plan $BTC
Trigger: 4H close above $75,129
· Aggressive entry: enter on the close.
· Conservative entry: wait for a retest of $75,129–$74,800 (hold required).
Stop‑Loss: $74,200
Targets: $75,800 → $76,500
Invalidation: price closes back below $75,129.
Bear Plan (BTC)
Trigger: 4H close below $74,289
· Aggressive entry: enter on the close.
· Conservative entry: wait for a retest sell zone $74,289–$74,500 (reject required).
Stop‑Loss: $74,900
Targets: $73,500 → $72,800
Invalidation: price reclaims and closes back above $74,289.
Execution Rules
· No trades inside $74,289–$75,129.
· Wait for 4H close confirmation.
· Retest first — never chase.
Trade BTC spot here ⤵
BNB (4H) — Range‑Bound Near Support, Burn Narrative Intact
BNB has been moving sideways between 635 and 665 for nearly two weeks. The 4‑hour chart shows a series of lower highs but flat lows, forming a symmetrical triangle. RSI sits at 46, neutral. Volume is declining, indicating that neither buyers nor sellers are aggressive.
The relative strength comes from the upcoming quarterly burn. Binance announced earlier this month that the 36th BNB burn would take place in early June, with an estimated 1.6 million tokens to be removed from circulation based on current revenue levels. Historically, BNB tends to find a floor two to three weeks before the burn event. On‑chain data also shows exchange net outflows of roughly 85,000 BNB over the past week, suggesting accumulation.
The key decision zone is between 635 support and 665 resistance. A breakout above 665 would target the 680 area. A breakdown below 635 would open 620.
Key Levels
Resistance: $665 → $680 → $700
Support: $635 → $620 → $600
Trade Triggers
· Bull Setup: 4H candle close ABOVE $665. That would break the triangle and likely attract pre‑burn buying.
· Bear Setup: 4H candle close BELOW $635. That would break the multi‑week range.
Bull Plan $BNB
Trigger: 4H close above $665
· Aggressive entry: enter on the close.
· Conservative entry: wait for a retest of $665–$655 (hold required).
Stop‑Loss: $642
Targets: $680 → $700
Invalidation: price closes back below $665.
Bear Plan (BNB)
Trigger: 4H close below $635
· Aggressive entry: enter on the close.
· Conservative entry: wait for a retest sell zone $635–$640 (reject required).
Stop‑Loss: $648
Targets: $620 → $600
Invalidation: price reclaims and closes back above $635.
Execution Rules
· No trades inside $635–$665.
· Wait for 4H close confirmation.
· Retest first — never chase.
Trade BNB spot here ⤵
Clarity Before You Trade
A breakout that holds a retest with volume = continuation. A close back inside the zone = a trap. Exit immediately.
Your plan for BTC or BNB: Which side are you waiting for, and what is your invalidation level?
Educational only. Not financial advice. Manage risk.