May 27th, $BTC , $ETH Market Analysis:
Market Review
Yesterday, BTC maintained consolidation. Te Reliable released a delayed EU tariff in the morning, which had a slight positive effect on the market. The 4-hour level remains healthy, while the daily level still shows a top divergence. The weekly trend remains healthy. Pay more attention to fundamental information, the Federal Reserve's interest rate cut process. It is recommended to wait and see today and wait for stabilization. Those who previously reduced their positions should wait for entry opportunities. In the long term, the weekly golden cross is taking shape, and a new round of market movements is expected to start.
The second coin followed BTC's adjustment, maintaining a healthy trend. Wait for the main coin to stabilize. As long as it doesn't break below 2400, the bullish trend remains unchanged.
Today's Highlights:
BTC has returned to a healthy range at the 1-hour and 4-hour levels, and the daily level has returned to a healthy range as well. Daily expectations are for consolidation. The lower support is 107000-107500, and the upper resistance is 109000-110000.
ETH has returned to a healthy range at the 1-hour and 4-hour levels, and the daily level has returned to a healthy range as well. Daily expectations are for consolidation. The lower support is 2450-2500, and the upper resistance is 2650-2700.
