2025/05/19 Market Analysis

🥇01 Review of Yesterday

BTC: The daily candlestick is a long bullish candle with a short upper shadow, and the trading volume is about twice that of the previous day, but still within the normal range of trading volume, showing no significant increase. The daily MA30 line continues to maintain an upward trend, and the MACD shows a tangled trend slightly far above the zero axis.

ETH: The daily candlestick forms a doji with long upper and lower shadows, and the trading volume approximately doubled compared to the previous day, still within the recent normal range, with no significant abnormal increase, reflecting that the market is in a regular adjustment phase.

🥈02 Today's Analysis

BTC Trend: Last night, the price first saw a surge, followed by a quick pullback in the early morning and then another rise, with the market experiencing significant fluctuations and intensifying competition between bulls and bears in the short term. After oscillating at high levels, the price reached a recent new high. The price broke through previous highs, but it should be noted that this round of increase is mainly driven by the 8-hour level, and the 4-hour level is showing some signs of divergence, indicating that short-term bullish momentum may weaken. The 8-hour level still serves as the main support for the price's upward movement.

Key Levels:

Resistance: 105000-110000

Support: 102100-99500

ETH Trend: The MA30 moving average maintains an upward trend, and the MACD indicator shows a weakening of bullish momentum above the zero axis, with a possible death cross signal in the short term, suggesting that the price may continue to adjust.

Key Levels:

Resistance: 2450-2530

Support: 2320-2250

🥉03 Today's Summary

The price remains above the weekly MA30 line, and the upward trend at the weekly level will continue. Short-term traders may wait for a clear breakout signal, while long-term investors can continue to hold and pay attention to changes in macroeconomic policies. #BTC #ETH