$BTC $ ETH 5/29 Can Ethereum break its previous high again?
🚩 Yesterday's News
🟠 The U.S. House of Representatives will introduce an updated digital asset market structure bill on Thursday.
🟠 The SEC will hold a meeting on emerging trends in asset management on June 5.
🟠 GameStop purchased 4,710 Bitcoins.
🚩 Yesterday's Market:
Bitcoin: Lowest point 106785 Highest point: 109281 Range 2510 points
Ethereum: Lowest point 2609 Highest point: 2689 Range 80 points
Summary of yesterday: Ethereum hit the previous high.
🚩 Today's Market:
Ethereum: Ethereum's momentum is particularly strong this time; we expect a smooth surge in the market.
Opening the trend for altcoins.
4H support level: 2700 4H resistance level: 2817
Bitcoin: Bitcoin's performance is not as strong as Ethereum's; the probability of a significant drop is relatively low,
with companies and institutions continuously increasing their holdings. Focus on
the trends of Ethereum and altcoins in the future.
4H support level: 106880 4H resistance level: 108892
🟠 Summary: Ethereum continues to break the previous high, starting a unidirectional trend.
Bitcoin's market is fluctuating.