$BTC $ ETH 5/31 The big coin is falling as expected, has the bull market left?
🚩Yesterday's news
🟠Meta shareholders overwhelmingly rejected the proposal for a Bitcoin asset reserve
🟠SharpLink Gaming plans to raise $1 billion to increase its ETH holdings
🚩Yesterday's market:
Big coin: Lowest point 103642 Highest point: 106295 Range 2718 points
Ethereum: Lowest point 2507 Highest point: 2648 Range 140 points
Yesterday's summary: Ethereum has fallen back into the consolidation zone.
🚩Today's market:
Ethereum: Ethereum has fallen into the consolidation zone, with support at 2480 below. Short
term opportunities have arisen; short-term bullish speculators can enter,
the pressure point above is 2650.
4H support level: 2480 4H resistance level: 2660
Big coin: The big coin has entered a bearish market in the short term, targeting a correction from 75000-
111617, around 100,000 dollars is a strong support
position.
4H support level: 104458 4H resistance level: 107300
🟠Summary: Ethereum has fallen back into the consolidation zone, but is much stronger than the big coin. The big coin
has started to correct, with 100,000 dollars below being a significant support.