Morning Share and Exchange on May 20, 2025

Last Sunday, $BTC BTC experienced a strong upward trend. Yesterday, Monday, it directly showed a bearish engulfing daily candle, and today it closed strongly, bringing a lot of uncertainty to the market. It is advised to observe for now and wait for the market to establish a trend before trading.

BTC has been on a strong upward trend for two consecutive months. We need to wait until the end of May to confirm the direction of the monthly line. The weekly line has been rising for six consecutive weeks. Since the market started to rise in September 2023, this is the second time it has risen continuously for six weeks. The first time was from October 2023 to December 2023, where it rose for eight consecutive weeks before starting to consolidate upwards. This time, let's see if BTC can rise continuously for more than eight weeks. The uncertainty in the market brings a lot of risks, especially for contract and leveraged trading.

BTC's upper breakout today: 107108, lower support: 102000. The recent daily and four-hour fluctuations have been significant, so cautious trading is advised; one misstep can lead to significant losses.

Summary: After BTC rebounded from a low of 74000, it has been rising for six consecutive weeks. If BTC drops slightly, other altcoins will plunge drastically; only if BTC stabilizes will the altcoins rise. Therefore, for short-term trades, take your profits and don’t be greedy. Be cautious with altcoins to avoid capital loss, and for long-term holdings, be patient and wait to analyze after surpassing 109588.

Disclaimer: This article is for reference only and does not constitute investment advice. The market has risks; investment requires caution, and you bear the profits and losses.