Crypto market analysis 5.28 Pay attention to what support is effective after the contract is liquidated during the day
The probability of the Federal Reserve keeping interest rates unchanged in June is 98.2%, and the probability of raising interest rates by 25 basis points is 1.8%. The probability of the Federal Reserve keeping interest rates unchanged by August is 88.0%
Musk's AI company xAI has completed a $6 billion Series B financing, and the subsequent macro-favorable factors may continue to stimulate the growth of AI.
The recent focus of Ethereum is around 4,000, and there may be a false breakthrough at this position. The focus of Bitcoin is around 71,000. On May 31, both Ethereum and Bitcoin have the opportunity to continue to play at this key position, but as the bets on airdrops increase, the market may continue to pull back when it approaches this key position, but the cottage industry has begun to slowly continue to surge. In the case of insufficient macro funds, most of the funds are micro-hype. Just pay attention to the rotation market, and don't need to chase the rise frequently to hold the position in your hand.
Daily level market
- The daily level decline trend is slowly repairing, with upper pressure around 71000, lower support around 68500, and the maximum support position around 66800. Pay attention to the pressure of the daily decline trend after the surge.
4-hour level market
The 4-hour level is mainly bullish in the short term. It fell back after the surge yesterday. For the time being, pay attention to the break of the bottom support position around 68500 in 4 hours. If it does not fall below this position, it will continue to be a support. The upper pressure is around 70800 and 70000.