May 24th Market Analysis?

How to operate with contracts and spot?

Simply follow along to achieve results!

BTC

There is distribution at high levels, be cautious of pullback risks.

The upper resistance is at 111900, while short-term support is around 105000-102000. Previous short positions can be held, and if fully cashed out, a slight rebound can be used to re-establish short positions, with stop losses set at 1000-2000 points.

ETH

The trend follows Bitcoin, but is weaker. Short-term resistance is at 2650, while key support is around 2400.

In terms of spot:

When I posted about setting up short positions the day before yesterday, the spot had already moved significantly, and now I’m considering whether to buy back a portion. After comprehensive analysis, I’ve decided to wait a bit longer. In the short term, some mainstream spots can be arranged for pullbacks, depending on different operational cycles, feel free to adjust.