5.26BTC/ETH Market View:
Bitcoin has seen seven consecutive weekly bullish candles, but it is important to note that the last two weeks have closed with long lower shadows, which raises concerns about a potential high-level pullback. Of course, this isn't a call to short; rather, when chasing upward movements, one should exercise caution, take profits when available, and gradually reduce positions to guard against high-level pullbacks. Pullbacks still present opportunities for low buy positions; a pullback is just picking up passengers on the way back!
On the daily chart, last Friday saw a significant bearish candle, widely attributed to unreliable tariff comments, but over the weekend, there were two small bullish candles indicating a rebound. The price has not broken below the BBI, and currently, the only thing to watch is that the upper band is flattening out and not opening higher, which limits the upward space and could hinder bullish momentum. Fortunately, the middle and lower bands are still opening upward, and support continues to rise, so as long as key levels are not broken during a pullback, the market should still rise. Do not fear heights, and do not try to guess the top!
On the short-term 4-hour level, the Bollinger Bands are tightening, with the upper band continuously moving downward. Avoid excessive chasing of upward movements during the day; focus on buying on pullbacks. Watch for support at 108800, 107500, and 105500; as long as the daily middle band support at 105500 is not broken, there is no need for the bulls to panic. Watch for resistance at 110000, 111000, and 112000 above.
For Ethereum, support is at 2540, 2500, and 2450; consider low buy positions around these levels, with resistance at 2590, 2650, and 2700 above.
Resistance levels should be used as points to reduce long positions, not as entry points for high shorts. If considering a short position, it requires on-the-spot arrangements, such as a rapid pullback after a rebound to previous highs, or a sudden breakout above previous highs; in such cases, one might consider high-level pullbacks! A significant rise does not signify a top, and a strong bull market should not be easily shorted—this is Zhong Liang's perspective! If it's time to go long, then go long; do not fear heights. Even if everyone thinks 110,000 is very high, it may still break through; just avoid guessing the top! Of course, do not blindly chase high positions; simply cherish every pullback opportunity!