Daily Market Sharing BTC.ETH 5.29
Good afternoon brothers, the market has been fluctuating up and down. The big coin has also tested the 1068 position for the second time and rebounded, indicating that the main force still doesn't want it to go down. However, the current trend of the big coin has turned bearish, so we need to watch the evening news and the US stock market for opportunities. Ethereum, after building a bottom, has been relatively strong and has broken through to a new high around 2788.
Back to the market, currently, for the big coin, pay attention to the 1075 position; if it doesn't break down, the market will continue to push up to the 108500-109600-110550 positions. If it breaks down, then we will continue to look at the strong support at 106800-106000 for a rebound. $BTC
Then there’s Ethereum.
After building a bottom, it has already broken through 2735 in the morning and reached around 2788. For the four-hour chart, pay attention to the 2680-2700 position; if it doesn’t break down, it will continue to test the 2788-2850-3000 positions. If it breaks 2680, then we look for a correction to 2620-2580-2535 for a rebound. $ETH
For intraday operations,
If you haven't entered yet, don't chase the long positions. If you are in, take profits in batches according to the pattern. Currently, it's not suitable to go long or short in the market; just wait for opportunities. The market is too difficult to play right now!