5.28 Market Analysis

Recently, many people have told me they have incurred significant losses over the past couple of days. In fact, the market's fluctuations are currently very small; the losses are certainly due to excessive leverage and frequent trading. The market has been oscillating around the 4-hour Bollinger Bands, fluctuating within a range of three to four points.

First, let's talk about BTC. The current resistance level for BTC is around 110,000, with support at 106,000. The market is oscillating up and down within this range, nothing special.

ETH experienced a surge yesterday because ETH is planning to establish a company similar to MicroStrategy; therefore, ETH temporarily broke through the upper Bollinger Band but has since fallen back down.

In simple terms, there are currently no special strategies for the market; just trade within this range. The profits are very small, and the transaction fees are high. #比特币2025大会