Crypto Market Early Events 2025.5.29 Sunday

Analysis of Market Trends 🖥 Predicting Future Trends

Bitcoin, Ethereum Trend Analysis, Wealth Codes, Long and Short Entry Points…

BTC 4-hour Candlestick Chart:

Resistance: Around 107776～108584

Support: Around 107039～105846

ETH 4-hour Candlestick Chart:

Resistance: Around 2712～2801

Support: Around 2602～2513

Technical Analysis:

1. Bitcoin 4-hour period candlestick shows a volume decrease while rising (as of 6:33 AM – see screenshot), the 4-hour candlestick forms a “W” double bottom pattern, price is rebounding, and the current volume performance is poor. Please pay attention to the marked resistance above, do not blindly chase high prices, consider opening long positions or spot layouts at the support level marked in the screenshot;

2. Bitcoin in 4-hour and larger time frames shows a resonating trend indicator with long and short signals. Short-term operations should sell high; the 2-day KDJ indicator’s candlestick has dropped below 80, and friends with spot positions should consider reducing their positions (including all mainstream coins, sub-mainstream coins, and altcoins);

3. Bitcoin 6-hour to daily MACD indicators are showing a form of rootless water, with price having the need for continued pullback. Short-term operations should sell high, and if the price pulls back and rebounds to the EMA60 moving average, double tops, or significant neckline resistance points on the 15-minute and 30-minute smaller time frames, it will be the best opportunity to enter with short positions 🥰; (Please set stop-loss and ensure safety measures with three strategies for getting out – with teaching courses) {Contract Thinking};

Spot Operation Thinking: If the price pulls back to the important support levels marked above, it is advisable to enter with light positions for long setups {Spot Thinking};

Investment involves risks, trading requires caution, the above analysis is for reference only! Everyone can also make corresponding layouts for mainstream coins, sub-mainstream coins, and altcoins based on the correlation effect of Bitcoin!

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