2025/05/22 Market Analysis
🥇01 Yesterday's Review
BTC: The weekly trend continues to rise, with the price breaking through the 110,000 integer mark, reaching a new all-time high. Market sentiment is high, but frequent operations may lead to risks; rational participation is advised.
ETH: Four consecutive days of doji candlesticks, significant hourly fluctuations, and gradually increasing trading volume indicate a sustained upward trend. Short-term attention is on the potential breakout above the 2800 level, while the long-term target may approach 3000.
🥈02 Today's Analysis
BTC Trend: As we mentioned yesterday, there is a resonance upward movement at the 6-8 hour level, with the price reaching new highs. However, a divergence pattern may appear at this level, leading to a downward adjustment. After BTC reaches a new high, it will not immediately drop but will consolidate at a high level for a period before eventually adjusting downwards. Therefore, there is currently no need to worry about a sharp decline.
Key Levels:
Resistance: 120450-130000
Support: 102100-99500
ETH Trend: This upward move is still at the 12-hour level, retracing the 12-hour MA30 line, which coincidentally is also the 6-8 hour EMA52 line. The MACD has returned to the zero axis, indicating a resonance upward movement at the 6-8 hour level. From this perspective, ETH is also set for a surge. As long as BTC does not drop back during its high-level consolidation, ETH is likely to experience a rally.
Key Levels:
Resistance: 2640-2680
Support: 2450-2320
🥉03 Today's Summary
When BTC is in high-level consolidation, it is the time for altcoins to surge significantly. Capture the hot spots and rapidly rising altcoins; it is still possible to profit from short-term increases.
Meme coins are set to make a comeback, and I hope everyone can seize the upcoming altcoin market opportunities.
