2025/05/20 Market Analysis

🥇01 Yesterday Review

BTC: The price experienced significant fluctuations during the day yesterday, with rapid adjustments at the hourly level, challenging some short-term traders due to market volatility. After the evening opening of the U.S. stock market, the price gradually rose to around 106000, ultimately forming a relatively stable daily pattern.

ETH: The trend synchronized with Bitcoin, showing multiple rapid adjustments at the hourly level, and forming a small bullish candle on the daily chart with a slight increase in trading volume, maintaining overall stability.

🥈02 Today's Analysis

BTC Trend: The daily chart displays a long lower shadow bearish candle, with trading volume increasing by about one-third compared to the previous day, indicating heightened market participation. The current price remains strong, with a short-term potential to continue testing the resistance range, targeting around 110000. The fluctuation cycle at the beginning of this week has shortened, and the market may enter a more stable phase in the latter half of the week, with opportunities for rotation in some other cryptocurrencies.

Key Levels:

Resistance: 107000-110000

Support: 102100-99500

ETH Trend: The daily MACD shows a weakening upward momentum, with the fast and slow lines approaching an adjustment signal. If a bearish candle forms today, it may enter a daily level consolidation. The current price is supported by 12-hour momentum, rebounding after a short-term pullback to the 8-hour EMA52 and 12-hour MA30, with 2230 being an important reference point. Adjusting to this range may pave the way for a healthier upward trend.

Key Levels:

Resistance: 2640-2680

Support: 2520-2450

🥉03 Today's Summary

The price remains above the weekly MA30, indicating that 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. #ETH🔥🔥🔥🔥🔥🔥 #BTC走势分析