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Happy White Day, brothers! BTC/ETH market analysis for 2025.5.20.
In the past 24 hours, 2.2 billion CNY has vanished, and 94,761 people have gone bankrupt!
Yesterday's 2360/2375 long positions have already helped my buddies pull out today's confession expenses, it's time to show my girlfriend the power of braised pork rice!
BTC Attention
Support 101175/98500/97200/93911
Pressure temporarily set at 110000
The key point for BTC today is at the level of 103300. If it holds, we will continue to see high-level fluctuations and consolidation! A new high is just around the corner! It seems it won't stop without reaching a new high. Whether it goes up or down after reaching a new high will be discussed later, but it looks like a surge towards a new high is on the way this week!
ETH focus
Support 2403/2343/2285/2215
Pressure temporarily set at 2851
The 2403 level has been real for years, it’s not just talk. Last night, the first wave of impact was estimated to break through 2403; a little fluctuation could lose 20 or 30 dollars or gain 40 or 50 dollars. Take profit on 50% or 60% of your position, and keep the base position to at least cover losses without setting a take profit to hold on! Pay attention to the demand for impact at 2480/2500 or even higher; this situation woke up and surged again!
I have to say that last weekend and yesterday's market made many people feel like they had to chase shorts or chase longs when the prices broke through, and then the market gave you a super short-term "reversal", rubbing your thoughts into the ground!
In terms of operation: just wait for the signal to give you the opportunity within the day, after waiting day after day, when the opportunity comes, it's better to cut losses and take action. When it’s not the right opportunity, you go all in, but when it’s the point where opportunities are likely to arise, you hesitate and are afraid to act. Isn’t this a typical mindset of a retail investor?
#WCTC S7 报名开启# #GT#