5.28 Morning Wealth Overview: A Pullback Opportunity After Key Breakthroughs, Here's the Layout!
Market Review
Yesterday, the market experienced a 'roller coaster' scenario, initially surging strongly to the critical level of 110,499, followed by a sharp counterattack from bears, quickly retreating to 108,600. Currently, there is intense competition between bulls and bears, with prices stuck around 109,000.
Key Resistance Analysis
- The 110,500 area has strong resistance, mainly due to concentrated selling pressure from trapped positions.
- After breaking through on the weekly chart without a retest, a short-term pullback is a normal technical correction, and the trend remains intact.
- The first bearish candle on the daily chart is merely a pause signal; after some oscillation and adjustment, the main trend direction will continue.
Operational Strategy: A Pullback is an Opportunity!
The market is about to enter a consolidation period, but following the trend with long positions is still the preferred choice. Wednesday's layout suggestions:
- Bitcoin (BTC)
Entry Range: 108,200-107,700
Target: 110,000-112,000 (if it breaks, look for higher)
Stop Loss: Below 107,000
- Ethereum (ETH)
Entry Range: 2620-2580
Target: 2700-2750
Stop Loss: Below 2550
Why Operate This Way?
1. Trend Unchanged: The daily chart is still in an upward channel; a pullback is a good buying opportunity.
2. Key Support is Effective: 108,000-107,700 is the previous breakout level, with strong bullish defense.
3. Flexible Response: If support breaks quickly, then observe; if it stabilizes and rebounds, decisively follow up.
Key Focus
- Movements in U.S. stock market opening and macroeconomic news impact.
- Whether Bitcoin can hold above 109,500 will determine the short-term strength and weakness boundary.
Summary in One Sentence: 'Trend Continuation, Buy on Pullbacks, Strict Risk Control!' Capture this wave of consolidation profits! #比特币2025大会 $BTC