2025.5.29 Bitcoin ($BTC) and Ethereum (ETH) Night Market Analysis!
1. BTC is under pressure at the top, daily line shows a peak, and weak rebounds hide dangers. Currently, BTC is still in a consolidation range after peaking at the daily line level, with the previously emphasized key resistance level around 110500 continuing to suppress upward movement. This is merely a technical weak rebound, touching the two-day line support level. If it breaks below the strong support range of 106500-105000 USD, the short-term upward trend will come to an end, potentially triggering a deep correction!
2. The 2800 USD level for ETH is a lifeline, determining the success or failure of altcoin bulls and bears. ETH is currently approaching the critical 2800 USD level, which is a battleground for bulls and bears. If it can firmly hold above 2800-2850 USD, it will directly ignite the altcoin bull market; conversely, if it repeatedly faces pressure and falls back, the short-term bulls will completely collapse!
Warm reminder: The market is highly volatile, strictly set stop-loss orders during operations, and do not blindly chase high prices! Avoid "urgency" and "greed" to ensure longevity!
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