5.27 Morning Market Analysis

On the four-hour chart, after a series of upward trends, we have entered a critical contest between bulls and bears, with strong resistance from the upper track severely hindering upward movement; however, there is also no significant downward space, and after breaking below 109000, there was a rapid rebound, indicating clear signs of sideways consolidation. Technical indicators show slight divergence, with the three KDJ lines trending downward and showing a tendency to converge, and the MACD is slightly rising, which is an important sign of short-term sideways consolidation.

Trading Suggestions

In the morning, consider buying the major cryptocurrency around 108000-108500, targeting 110000. For the altcoin, consider buying around 2500-2520, targeting 2580.