$BTC $ ETH 5/30 Is Ethereum a False Breakout or a Liquidation?

🚩Yesterday's News

🟠US Initial Jobless Claims for the week ending May 24th: 240,000, expected 230,000

🟠Trump administration requests appeals court to suspend tariff ruling

🟠US SEC applies to court to withdraw lawsuit against Binance

🚩Yesterday's Market:

Bitcoin: Lowest point 105353 Highest point: 108916 Range 3537 points

Ethereum: Lowest point 2620 Highest point: 2788 Range 170 points

Summary of yesterday: Ethereum hit previous highs, forming a false breakout.

🚩Today's Market:

Ethereum: After a spike, Ethereum made another false breakout, with a fluctuation range of

280 points, clearing out those who chased the breakout, but the overall trend is still upward,

do not be easily thrown off the train.

4H support level: 2552 4H resistance level: 2670

Bitcoin: Bitcoin formed a short head and shoulders on the 4-hour chart, breaking below the uptrend line,

continue to watch for a decline, during this period, long on short and short on long.

4H support level: 104458 4H resistance level: 107300

🟠Summary: Ethereum's high-level fluctuations clear leveraged positions, preparing for a one-sided trend.

Bitcoin has reached a 4-hour peak, do not hold long positions.