【2024.5.28 BTC/ETH intraday market analysis】

I woke up and the price of BTC/ETH fell. The reason for the fall was the abnormal movement of the Bitcoin Mentougou wallet, which led to a panic drop. If compensation is to be started, there will be more than 10,000 BTC. The market buying needs to be digested. It is normal to fall in the short term.

I reviewed the price of BTC and found that it rose to the first pressure level of 70,800 (the highest was 70,750) in the early morning. It is time to rest after the climax of the dog market last night. Pay attention to the position of 68,860 today. The long and short prices at the 4-hour and daily levels will only strengthen if they stand above. Otherwise, pay attention to the weekly level retracement! #大盘走势

【Intraday market analysis】

The price of BTC is currently 1/2/4-hour level short side daily line callback. Pay attention to the position of 68,860 today. If it cannot stand above this position, the market will be weak. Pay attention to the positions of 67380-66660-66155 when it retraces to the support level below.

If the rebound stands above 68860, the market will start to strengthen. The upper target/pressure level should be around 69530-70100-70800. #BTC走势分析

Ether was brought down by Bitcoin, but it is only a 4-hour level correction. Today, pay attention to 3883. Only when it stands above this position, the bullish force will start to strengthen. The upper target/pressure level should be around 3938-3980-4037.

If the rebound does not stand above 3883, the market is still relatively weak. The lower support level should be around 3825-3788-3728. #ETH