0522 Bitcoin and Ethereum Daily Analysis:

After the evening's issuance of 2 billion USDT, the market reacted swiftly. Bitcoin briefly surged to the previous high of 110,000 but failed to sustain it, showing a significant pullback at this level, indicating notable selling pressure. If it manages to retrace without breaking lower, and after multiple attempts to consume the sell orders at the 110,000 price level, it may break through to form a new high. There are no trapped positions above, and those who are unbound at 110,000 will likely take a wait-and-see approach in the short term. Bottom positions are also unlikely to be sold off when slightly breaking the previous high, and the subsequent upward resistance will depend more on the main operators' actions.

Personal Operation:

Key level for Bitcoin at 107,100; if it stabilizes, it will continue to rise, but if it breaks, look for strong support at 106,000, 105,200, and 104,100. Buying on dips is the essence!

Key level for Ethereum at 2,550; if it stabilizes, it will continue to rise, but if it breaks, look south to 2,500 and 2,450. The second brother follows the older brother!

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