2025/05/28 Market Analysis

🥇01 Review of Yesterday

BTC: The daily chart shows a small bullish candle with long upper and lower shadows resembling a doji pattern. The trading volume was slightly higher than the past few days when the US stock market was closed, still maintaining a high-level volatility trend.

ETH: The hourly chart is stronger than Bitcoin, with obvious strong control tactics. The price attempted to break through the previous high near 2738 again but failed. The daily chart shows a bullish candle with an upper shadow, and the trading volume was twice the average volume of the previous three days, but still within a normal trading volume range.

🥈02 Analysis of Today

BTC Trend: Currently, the market around 110000 has not formed a consensus for further upward movement. Without consensus, the price will continue to oscillate here, hoping to repair the overbought indicators through oscillation. The hourly movements are still jumping up and down here, starting with a drop early in the morning, followed by an upward oscillation, and then oscillating downwards again in the early morning, all aimed at seizing liquidity in the contract market.

Key Levels:

Resistance: 111000-115000

Support: 106000-102100

ETH Trend: The daily MA30 line is still in an upward trend, so the daily level remains bullish. The MACD shows enhanced downward momentum far above the zero line, indicating that the daily level adjustment has not yet ended. As long as Bitcoin does not drop, Ethereum will continue to maintain this oscillating trend, but caution is still needed for rapid upward and downward movements at the hourly level.

Key Levels:

Resistance: 2680-2735

Support: 2610-2560

🥉03 Summary of Today

The weekly level still needs to continue rising, but attention should be paid to the short-term downward pullback trend. The price has already broken through historical highs; it remains to be seen whether the market can form a consistent direction and continue to break upwards. #BTC #ETH