[Director] Market analysis on May 29, be vigilant. . The big cake breaks through the center and rebounds at the mid-line level. The trend of the concubine is much stronger than that of the big cake.

​​​​​​​​​​Director’s 1091st original daily market analysis 2023.5.29
1. Market sentiment:
 
 
2. Chart structure:
1、#BTC 
​#BTC 1H structure:
​         We can see that the big cake has directly broken through the center of this 4H. Here, 1H has risen to the center of 4H. Since it has broken through, as long as it does not fall below 27500, it is an opportunity for the third buy. There will still be a fifth 1H rise later. In the short term, it is still mainly rising.
​         The debt ceiling crisis has also been resolved. Bitcoin currently has a chance to reach 29,500 in the mid-term. We still need to be patient and wait and see how strong the upward trend will be.
 
#BTC 15F structure:
​        The current structure of the big cake 15F is only running the first 15F rise.
​        In the short term, there is a possibility of ending a 15F upward move. As long as it does not fall below 27500, it will continue to rise and form the third move. It is estimated that the third move will at least reach around 28500.
However, we can see that the third 15F increase will most likely diverge from the first 15F increase. So after the third 15F increase is completed today, there is a high probability that it will fluctuate or make a correction. So don’t chase too much in the short term.
 
2、#ETH： 
#ETH's 4H structure:
​       We can see that the price has broken through the 4H consolidation center. If it falls back here, there will be no problem as long as it does not fall below 1850.
​        There will be three more buys that can continue to move upward. Overall, the trend of Yitai is much stronger than that of the big cake. Wait for a 1H pullback to continue to get on the train. Later, Yitai still has a chance to challenge the 2000 position.
 Trading straregy:
 
The market changes too fast, and many reminders cannot be given in time, and it is impossible to explain the market clearly when it changes, so you can follow me
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​ ​ Tips
Investing is risky. Invest with spare money. Remember to never fully invest and do not take out loans. We only provide information, which does not constitute buying or selling advice. You are free to buy and sell at your own risk.