Crypto Market Morning Update 2025.5.31 Dragon Boat Festival Health

Market Analysis 🖥 Predicting Future Trends

Bitcoin and Ethereum Trend Analysis, Wealth Codes, Long and Short Points…

BTC 4-Hour K-Line Trend:

Resistance Level: 105903～107466

Support Level: 102672～100455

ETH 4-Hour K-Line Trend:

Resistance Level: 2577～2616

Support Level: 2509～2465

Technical Analysis:

1. Bitcoin's 4-hour cycle K-line is experiencing a volume decline (as of 6:48 AM – see screenshot), with the K-line showing a downward trend within a channel. Currently, the volume is performing poorly, please pay attention to the marked resistance level above, do not blindly chase high prices, consider going long or making spot arrangements at the marked support level in the screenshot;

2. Bitcoin's large, medium, and small cycle indicators below 6 hours are resonating with declining trends. For short-term operations, sell high; the 2-day KDJ indicator has fallen below 80, friends holding spot positions should take measures to reduce positions (including mainstream coins and altcoins);

3. Bitcoin's 1-hour to 2-hour MACD indicators are showing a leakage pattern, indicating that there is a demand for price correction. For short-term operations, sell high; if the price rebounds to the EMA60 moving average, double tops, or important neck line resistance levels in the 15-minute and 30-minute cycles, it would be the best opportunity to enter the market 🥰; (Please set stop-loss and ensure safety measures with three strategies to manage losses ~ there are instructional courses) {Contract Thinking};

Spot Trading Thinking: If the price retraces to the important support levels marked above, you can consider placing long positions with light positions {Spot Thinking};

Investing involves risks, and caution is required when entering the market. The above analysis is for reference only! You can also make corresponding arrangements for mainstream coins, sub-mainstream coins, and altcoins based on Bitcoin's correlation effect!

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