May 27, 2024, Monday! A new week has begun, sorry that today's summary is a little late!
✅️Yesterday's market review
Yesterday's market is basically consistent with what Brother Yu said in his previous blog post. BTC was in a sideways fluctuation yesterday, while ETH was fluctuating upward yesterday. ETH is about to break through!
Yesterday, BTC opened at 69290, the highest price was 69562, the lowest price was 68128, and the closing price was 68507, with an increase of -1.13% and an amplitude of 2.07%; ETH opened at 3749, the highest price was 3884, the lowest price was 3771, and the closing price was 3826, with an increase of +2.06% and an amplitude of 4.08%. The intraday fluctuations were relatively small, and the Ethereum market was obviously stronger than BTC!
✅️Today's market analysis
At the opening of the morning, Ethereum led the rise. As of now, the highest rise has reached around 3940, and then continued to enter the retracement and consolidation range. The current price of big cake is around 68500, and the price of second cake is around 3900. The rise in the morning will generally retrace in the afternoon or evening! Ethereum should be able to break through 4000 US dollars in the next two days. It has been adjusted for two months in April and May. I continue to be optimistic about the development of the market. The second round of this year's market should start in June!
Intraday market pressure and support
BTC pressure 69300/70000/70700
Support 67800/67200/66600
ETH pressure 3940/4000/4100
Support 3850/3780/3700
✅️Spot sector analysis
It is inevitable that Ethereum will break through the new high. When the real ETF can be traded in June, it will continue to lead the rise. There is a high probability that the copycat will rise in June!
In the past two days, the new coin BB has occupied the hot search, rising from 0.3u to 0.78u. Staking is still a track worth paying attention to. Ena and Ethfi are both the same concept coins! The new coin Not launched at the same time can also be considered for intervention. The current price is around 0.0055. The Meme sector has risen sharply recently. Friends who have made a lot of profits can consider reducing their positions at high levels and switching to the second-layer concept coins. Many friends have made a lot of profits on Pepe.
The community-recommended Agld has made a profit of nearly 20% in the past two days. You can continue to hold it and place a cost protection order.
As of now, update the holdings
Eth Magic Op Ace Woo Lrc Ordi Wld Strk Ethfi NKn Agld
