🚨5/23 Morning BTC/ETH Market Report🚨

🔶 Yesterday's Highlights: Bitcoin surged from 110689 to 110400, reaching the target of 111500, while Ethereum rose from 2610 to a peak near 2734. I reminded everyone to close 80% of long positions around 2740, and yesterday's trend was quite in line with expectations. So how should we operate today? We need to find answers from the charts.

🔶 $ETH finally showed some strength these days, it was worth my long positions from 1500 to 1730 to 1800 to 1900… up to yesterday's 2610, and I’m still bullish on it. Overall, the gains have been substantial. In yesterday's article, I also mentioned the resistance at Ethereum 2690; the subsequent market tested it three times before dropping. As the saying goes, things happen in threes. This morning, on the third attempt, it broke through. Today we can pay attention to this level again; support is around 2655 and 2609. You can reference these levels to continue buying, but keep an eye on the next resistance around 2746. If it breaks through, we can look at above 2800. Specific entry points can be referenced at: 2690, 2655, and 2609 for low longs. Watch 2740 to 2805.

🔶 $BTC Two tigers cannot coexist on one mountain. Ethereum is strong, while Bitcoin seems a bit weak. Since the resistance at 111800 has not been effectively breached, this situation feels a bit off; it may still brew a significant pullback. Therefore, today we should be conservative, and reduce our positions. You can consider participating cautiously at 110450, 108880, and 107000 for low longs, and watch 111800. If it can break through effectively, then look at 112400 and 113100.

⚠️ The above points have a deviation of ±100 points (for Bitcoin) and ±5 points (for Ethereum). The entry and exit points provided are conclusions drawn solely from chart patterns and technical indicators, which are subject to real-time fluctuations and news impacts. Please make adjustments based on your actual situation.