【2024.5.29 BTC/ETH intraday market analysis】

Good afternoon, brothers. I drank too much last night and am still hungover. Let me make a long story short. The current daily level of the big cake is sideways. It rebounded quickly after hitting the first support level given during the day in the early morning. The big cake pays attention to the position of 68960 today. If it stands above this position, the 1/2/4 hour daily line will enter the bulls. If it rises, the upper target/pressure level will pay attention to the positions of 69530-90100-70800.

If it fails to stand at 68960 today, it means that the bulls are weak. As long as the 1/2 hour level retracement does not fall below 68400, the market will most likely continue to rush to the pressure level of 68960. If it falls below 68300, the 1/2 hour level rebound will end and continue to fluctuate sideways in the sideways zone. #BTC走势分析

Ether is rebounding at a small level. Pay attention to the pressure level of 3873. Only when it stands above this position today, the bullish force will be strengthened at the 1-2 hour level. Pay attention to the upper target/pressure level near 3906-3938-3980.

If the rebound does not stand at 3873, it means that the rebound is not strong. The 4-hour level will continue to fluctuate sideways. Pay attention to the lower support level near 3825-3780-3740. #ETH