2025.5.24 10:06 AM BTC/ETH market analysis


In the past 24 hours, 2.2 billion CNY has been wiped out, and 105,066 people have gone bankrupt!
Good weekend, brothers. After a perfect end to this week, last night's second bottom has emerged, but the target for the pullback has not shown bullish strength! The current market is relatively weak. This weekend, after yesterday's drop, we are looking for long opportunities at new lows, and for short opportunities during the rebound. Both longs and shorts can be taken this weekend!
BTC Attention
Support 103300/101175/98500/97200
Pressure temporarily set new high
The key price points for BTC right now are 106000/104000 before noon on Sunday, with a narrow range of fluctuations accompanied by a rebound. The volatility will increase on Sunday evening and early Monday, seizing the weekend liquidity, and there is demand for testing new lows again. If the decline is significant on Monday evening, it will definitely allow for a low long betting opportunity after forcing the shorts!
ETH attention
Support 2343/2285/2215
The pressure is temporarily set at the levels of 2660/2680/2700/2720.
The key point for the second pie is 2403. Before testing 2403, there's still a need to test 2465 after breaking last night's new low of 2496. There is a demand for fluctuations! The first touch can be used as a reference point to look for long opportunities!
In terms of operation: just set a stop loss and that's it. We hit the low absorption position six times this week, achieving six consecutive wins. It is impossible not to make money this week. When making money, what we need to do is not to feel good about ourselves and attribute the credit to ourselves, forgetting about the market situation on the side. We must understand that even the best judgment requires the market to cooperate; if the market does not cooperate, it is not taking profit but rather taking a loss!
#WCTC S7 报名开启 #GT
BTC1.58%
ETH5.1%
PEOPLEFB23.11%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)