Analysis of Bitcoin and Ethereum Market on May 27: BTC, ETH Today's Highlights

Market Review and Analysis:

BTC failed to break through the small resistance of 70,000 in the two days of the weekend. The trend on the daily level is still relatively good. The weekly line clearly forms a resistance at the 72,000 position, and the resistance position that has been emphasized in the early stage is at the 72,000 point line. This round of continuous upward rush for two weeks closed in a semi-positive state last week. This week, it can still rush to the 72,000 point line. It depends on whether the closing of the monthly line this week can stand firmly at the upper node position of 72,000, so that it can open the upward trend. The upper space can be seen from the 76000-80000 range. ETH rebounded with a negative line over the weekend. After the pin closed with a semi-negative line in the early morning of last Friday, the market rebounded with consecutive positive lines over the weekend. Under normal circumstances, this trend will rise and hit the previous high point. 3800 points continued to close steadily at the weekly level and yesterday's daily level. The market can basically be said to have opened up the upper space. I personally expect that the focus will continue to break through and look at the 4200-4500 range. The cottage market did not rise over the weekend, but instead retreated slightly. This week, the cottage market should be driven by the rise of the second cake, so this week's mountain The overall increase of the stock market, see you in the live broadcast room at 9 o'clock tonight

This week and today's highlights

In terms of the trend of BTC, today's daily level opened and stepped back to the support point near 68,000. The current resistance point at the intraday level is based on the resistance position near 70,600 at the four-hour level. The resistance point at the daily level remains unchanged. Continue to pay attention to the 72,000 point line, which is also the current node position resistance. After breaking through and standing firm, the space above can be opened, and you can directly look at the 76,000-80,000 range line. The support position at the intraday level pays attention to the support of the 67,600-68,000 range line. That's it. The current intraday trend is a strong rebound.

The ETH rebound in the four-hour level forms an obvious support position for accumulation and rebound in the 3660-3700 range. The upward rush is further upward. At present, the daily and four-hour levels are both firmly at the 3800 point line, and the current weekly level is also firmly at the 3800 point line. According to the current trend, the target value of the 4200-4500 range can be directly seen. The support point of the intraday level can focus on the vicinity of the 3800 point line, and the resistance position of the intraday level can focus on the 4000-4100 range. The market is gradually rebounding.

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