According to @52kskew, ETH on the 4H timeframe is retesting the current value area high, source: @52kskew. The move is framed as a pullback following a fresh higher high versus the prior downtrend, which in an uptrend should evolve into a higher low, source: @52kskew. Momentum indicators are described as resetting on the 4H, implying conditions for continuation if a higher low forms, source: @52kskew. The trader highlights that it is going to be a big week for ETH price structure and momentum, source: @52kskew.

According to Skew Δ, Bitcoin (BTC) is facing crucial resistance at $104K, which currently acts as a major market supply level. The $102.2K level, representing the previous Value Area High (VAH), is also significant for short-term direction. Key support areas are concentrated between $95K and $98K, where prior High Volume Node (HVN), Point of Control (POC), and systematic trend levels converge. Traders should closely monitor these zones, as holding above $95K-$98K is essential for maintaining bullish momentum into the new week. A pullback and sustained hold in this range could signal continued strength, while a breakdown may indicate a shift in market structure. (Source: Skew Δ on Twitter, May 10, 2025)

According to Skew Δ, the SOL cryptocurrency exhibits significant confluence around the $200 level. This area is crucial as it has been a previous value area high and key high, and is currently a value area low, making it significant for higher time frames (HTF). Key price areas identified are $200 and $222, indicating important levels for traders to watch.