Chuangjin Community - 2025.5.8 Daily Analysis

The news is slightly favorable, and there is still a possibility of interest rate cuts by the Federal Reserve this year. Adjustments are based on market factors. Powell's speech suggests that high inflation indicates that interest rates will not drop quickly. However, domestic interest rate cuts and reserve requirement reductions have little impact on blockchain, but in the long term, they are related to the economy (trading market, real estate market, bone market, favorable correlations).

Main Direction: The only negative factor is the tariff issue. In May-June, there will be a slight adjustment at high levels. When Bitcoin adjusts, other altcoins will drop quickly.

On that day: Ethereum is in a one-hour box fluctuation. Bitcoin has a divergence after breaking out. During the day, first look for short then long. For fluctuations and drops, trade Ethereum, buy long on Bitcoin, and predominantly look for bullish trends today.

Resistance Levels: 1870, 1930, 98900, 100000

Support Levels: 1800, 1780, 96000, 95000

Ethereum on that day: A major upgrade was successfully completed yesterday. In the live broadcast room, the current price is 1820 with a buy order, 1800, 1790 buy orders, stop loss at 1775, take profit at 1860, 1890, 1930 (Ethereum has a high probability of breaking the box and touching the daily golden line).

Bitcoin on that day: Start paying attention at 96500, with buy orders at 96200 and 95500, stop loss at 95100, stable take profit at 98500, take profit at 99500, 100K. Bitcoin also has an accelerating spike upwards.

Position control and management, for reference only: #比特币走势分析