May 24 BTC & ETH Market Research Report - Monday Return, Tuesday Livestream Remains Unchanged

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1, $BTC

Homepage livestream replay, the views from altcoins are still valid.

Yesterday focused on intraday pressure, entered with a bearish candlestick, and took this BTC pullback as well.

The technical breakdown and rebound, the second test also gave a position, let's review what is stabilization, what is the right side, what is the breakdown and pullback behavior.

Resistance Level 10.99 Turning Point 11.13

So when these two positions are reached, we can go for a pullback

(Intraday 15m focus on whether there can be effective minor support between 10.7-10.6, and changes in minor high and low points, we can also look for a rebound. Without this condition, no need to ask me if it's possible on the left side)

Support Level 10.6 is still where to judge the 4-hour level pullback structure starts, we can do a rebound nearby, but a rebound to 10.8 is not enough to seize more upward movement.

If the weekly close is below 10.6, the focus will be on fluctuations next week, even beware of reversals.

2 $ETH

The weekly level static zone for Ethereum is forming. Up 2740, down 2320, the closer it gets, the more you can go both long and short, break through and trade in the direction, the weekly level extension usually won't be small.

For short-term, just focus on the chart position.

If you have hands on the left side, it's fine, and add positions when stabilizing on the right side.