Analyst Liang Qiu: 5.29 Bitcoin/Ethereum Once Again Shows Divergence Pattern, Including Early Morning Market Analysis

Bitcoin/Ethereum started multiple long and short strategies since early last night, with the short strategy for Bitcoin around 110000 and Ethereum above 2700 last night. Following that, during the day, the short strategy was revisited around 109000 and above 2650. Bitcoin has shown considerable volatility, while Ethereum has been quite resistant, even surging to around 2689 in the evening. However, our multiple short strategies have yielded good results so far. Currently, Bitcoin has rebounded to the 107000 level, but the rebound strength is relatively weak, with overall momentum lacking, especially since Ethereum's decline has been comparatively small.

On the daily chart, both Bitcoin and Ethereum have started to pull back, having risen significantly in the short term. The support levels to watch are below at 106000 and 2500. However, Ethereum is showing signs of strengthening, with the MA moving upward, and support has also shifted up to the 2560 level, leaving room for further pullback in the early morning. If the support holds, the market will welcome a new round of rebound and upward movement, so keep an eye on the long-short transition.

Early Morning Operation Suggestions: BTC: Short around 107600 to 108200, target around 106000; ETH: Short around 2645 to 2670, target around 2570.

[The above analysis and strategies are for reference only, risks are to be borne by the reader. The article's review and release may lack timeliness, please refer to real-time data for specifics.] #比特币2025大会