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During the live broadcast of Fuxi Community, it was confirmed that Bitcoin had broken through in terms of volume, while Ethereum experienced a false increase due to volume contraction?

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Click on the link to enter the meeting: https://meeting.tencent.com/p/9309732027 BTC: Bitcoin effectively stabilized at $77000 and broke through the psychological barrier of $80000 in early May, setting a three-month high with a 30 day increase of 21%. The current price is running around $81500, showing an overall bullish trend at the daily level. The first resistance is located in the range of 81800-82000 US dollars. This region is not only near the recent high point of prices, but also has experienced significant selling pressure and left an upper shadow line, which is the first "psychological and technical double barrier" for bulls to attack. More importantly, 83000 is the most critical macro barrier on the current daily chart, and analysts point out that this area is the most important psychological and structural barrier on the daily chart. "If the daily closing can effectively stand at this level, it will open the door to macro expansion. The first support is at $80000- $80150. This area is where the recent K-line structure's retracement stabilization level and hourly level upward trend line support are located, and the 24-hour lowest price is also in this range, which is the last psychological defense line for short-term bulls. ETH: The current price of Ethereum is at $2400, following the upward trend of Bitcoin but significantly weaker than Bitcoin, showing a structural characteristic of "linked replenishment, excessive volatility but insufficient momentum". The first resistance is located in the $2375-2400 range, which is a strong resistance band repeatedly tested in recent K-line charts and a key clearing line in the derivatives market. Data shows that about $403 million of short positions are above $2412, and breaking through this area will trigger a large-scale short squeeze. If $2400 is effectively broken through by the daily closing, the next target range looks towards $2550-2650 (about 7% upside), and further points to the historically important resistance zone of $2800. If this round of breakthrough fails to continue, the price is more likely to continue hovering within the existing range. The first support is located in the range of 2330-2360 US dollars, including 4-hour moving average support and intraday retracement to the stable level; The core structural support is around $2300, which is the key defensive line for the recent upward trend. If it falls below, the short-term bullish logic will fail. Tencent Meeting Number: 930 973 2027 Join the Fuxi Community and enjoy a variety of service offerings 1. Daily morning market analysis to confirm the direction of intraday trading. 2. Join the member group to enjoy live streaming with orders in the evening; Fixed weekly technical course content. 3. Answer market and order evasion questions at any time within the group, and develop solutions to resolve them. 4. "Price Behavior Trading", "Breakthrough ABC Trading Law", "Four Line Battle Method" 5. Combining candlesticks with indicators for multi period resonant trading. Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.

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