Roller Coaster Market, Are You Still on the Ride?

May 16, 2025 07:04:20 (Friday)

1. [Previous Situation Review (Wei Bo: Listening to the Wind and Rain, See Video for Detailed Analysis)]

Market Review: Yesterday, it was mentioned that the evening US market would lead the market to rise back to around 104. The long-term high-level fluctuation and consolidation have shown significant digestion of market sentiment. The Federal Reserve meeting yesterday did not present any obvious negative impacts. Currently, the market lacks new capital flow, and it is normal that prices are not making new progress. Additionally, some people are continuously taking profits due to fear of heights. The Bitcoin ETF ended with a bearish trend yesterday, making tonight's outcome quite ambiguous. Everyone should pay extra attention and try to maintain a low position!

2. [Daily Market Analysis]

1. BTC 4-hour Real-time Market Judgment Strategy Layout

Bitcoin is currently forming a converging triangle pattern. The 4-hour chart has left a hammer candle, which is a signal waiting for a volume increase and price rise. The SKDJ has reached around the middle line of 50, and the brief adjustment may be nearing its end, soon to cross golden. Whether it can close positively is crucial. The best pullback for Bitcoin today is 101090, with a short-term resistance level at 104900!

2. ETH 4-hour Real-time Market Judgment Strategy Layout

Ethereum is currently showing some fatigue, similar to its previous state, primarily due to being overburdened. However, from a cyclical perspective, each decline presents an opportunity. Yesterday's roller coaster left many feeling uncertain, so it's better to look at the weekly chart. The best pullback position today is 2508; if it breaks down, it will return to the lower fluctuation zone of 23-24, with a short-term resistance level at 2606.

PS: Clear strategy points are on Wei Bo (Listening to the Wind and Rain) Fan Group #比特币走势分析