🍿Market insights for noon on May 24.🍿
$BTC 's view:
Has the dinner with Trump ended?
Are you full? Can anyone tell me what dishes were served?
I can't understand what those rushing to have dinner with Trump are thinking; perhaps we haven't reached that level yet!
Bitcoin has broken through the trading volume at 107836; the hourly closing price is above 107836, so go long on the right side to catch the rebound, with a stop loss if it breaks.
107194 has broken down with volume; a rebound that cannot recover means going short on the right side, with a stop loss upon recovery. Pay attention to changes in volume and manage your stop loss well.
At 106034, a 2b false breakdown has occurred; recover with a light position and add one more hand. If the low of the false breakdown or below 105049 is hit, stop loss; if it doesn't recover, don't go long.
🍿
If Bitcoin holds above 107961 on the hourly level, it can look up to 108679-109414; if it can't go up, there's no need to look upwards anymore.
Above Bitcoin, pay attention to 109181 for a 2b false breakout, a small short position of one hand; if it breaks and holds above 110000, stop loss.
Conservative players wait: long at 104614, stop loss below 103738.
On the hourly level, Bitcoin has naturally rebounded after the drop, testing lower than the previous low, creating a lower low. This indicates that the drop has not yet ended, unless a higher high is made, this drop will only stop if it tests 106721 again without breaking down.
Without a higher high or testing the previous low, continue to consolidate and choose a direction.
🍿
Upper resistance: 108540-109449-110282
Lower support: 107249-106349-105011
On the 4-hour level, if 106804 breaks down and does not recover, continue to look down to targets 105865-104551; Bitcoin should drop now, let the bears have some meat.
🍿🍿🍿🍿🍿🍿🍿🍿🍿🍿
$ETH 's thoughts:
The second Bitcoin has broken through 2554 with volume; go long on the right side, with a stop loss upon recovery.
2522 has broken down with volume; go short on the right side, manage your stop loss well.
A pullback to 2500 confirms the support is effective; add one more hand. If it breaks down below 2462, stop loss.
On the hourly level, if the second Bitcoin holds at 2588, look up to 2614-2649.
Above the second Bitcoin, pay attention to 2652 for a short position; if it breaks 2700, stop loss.
Left-side orders: long at 2433; if it breaks below 2400, must stop loss.
🍿
Upper resistance: 2590-2622-2654
Lower support: 2497-2452-2407
On the 4-hour level, if 2494 breaks down, see target positions below 2433-2381. The second Bitcoin has performed relatively well during this drop; I wonder if it will have a corrective drop, meeting adjourned.