2025/05/14 Market Analysis
🥇01 Yesterday's Review
BTC: After rebounding quickly from the support of 101400, it touched 105000 at night, with a strong bullish daily candle recovering, showing bullish momentum.
ETH: Did not pull back to 2,320 as expected, with a resilient trend, the daily bullish candle engulfed the previous two bearish candles, and the price reached a recent high, with market sentiment being somewhat exuberant.
🥈02 Today's Analysis
BTC Trend: The 4-hour rebound has reached a critical point. If the 4-hour MACD shows a golden cross today, the price will continue to surge towards $110000. If there is no golden cross, then the price will need to decline for adjustment. Here, the inclination is for an upward surge, followed by a pullback after a 4-hour upward peak, and then the MACD shows weakening upward momentum, entering a downward adjustment, after which it will head towards the support of 8-hour and 12-hour before continuing a larger time frame rebound.
Key Levels:
Resistance: 105000-110000
Support: 102100-99500
ETH Trend: The momentum at the 2-hour level has started to weaken, and this surge has resulted in a top divergence at the 2-hour level. Continuing to chase high prices carries significant risk; it would be safer to patiently wait for the price to pull back and test the 2-hour and 4-hour EMA52 (2456 and 2320) before entering. Don't worry about missing the opportunity; Ethereum will continue to rise, but the pressure will increase, with the neckline resistance at the daily level around 2860.
Key Levels:
Resistance: 2760-2860
Support: 2580-2530
🥉03 Today's Summary
The daily level rise has not ended, and the weekly level rise has just begun, so the upward trend is far from over. Cherish every opportunity for a pullback. #BTC走势分析
