May 31
Market Analysis
BTC continued to consolidate yesterday, with a slight rise, and the trend remained healthy. It is estimated that it will continue to fluctuate in the range today. The overall trend has not changed. It is in the stage of accumulating strength and waiting to go. The short-term target is at the resistance level of 70,000. The monthly line will be closed in May, and the overall situation is good. We need to wait for the weekly line to close in early June to make a judgment. If it can close above 69,000, the market will continue to remain good, the general direction will remain unchanged, and it will continue to be bullish. ETH continues to adjust and the trend remains healthy. A downward channel is formed in the short term. The upper edge of the daily impact channel has not been effectively broken through. It still needs to be sorted out and accumulated strength. Pay attention to the support of the lower track of the channel at 3650 during the day. The cottage sector follows the mainstream consolidation and pays attention to the mainstream market. In June, the cottage sector will follow up in an all-round way.
Today's focus
BTC short-term support 67,000, short-term pressure 69,000-70,000 strong support 65,500-65,800
ETH short-term support 3680-3640, short-term pressure 3850-3900 Strong support 3500-3430
