TraderAShui
vip

8:00 AM on May 30, 2025


I am Ashui
Morning analysis today
Morning analysis of BTC:
1, if the support level of 106,000 is broken, be wary of a trend shifting from bullish to bearish, and do not blindly chase highs.
2. The daily level high points are slowly declining, forming a three-wave downward pattern.
3. We find 108,000 as the intraday resistance level.
4, 105000 serves as the key resistance level for the previous cycle. We can prevent the support level from converting to resistance, and avoid shorting near 105000.
Judgment:
The overall trend is no longer an obvious bullish market, and everyone should be alert to the selling pressure above, or the formation of panic selling behavior.
Trading Range:
Intraday support level 105000, resistance level 108000.
Today, we should pay more attention to the market and identify the movements of institutions and funds.
ETH Morning Analysis:
1. Confirmed the anchor direction, with a maximum of 2788.
2. U.S. stocks opened high and fell, leading to a simultaneous decline in Bitcoin and ETH.
3. We believe the reasons for this round of decline are profit-taking by funds, institutions clearing floating positions, and acquiring chips at lower prices.
4, phase-wise provide 2630 as key support
Support and resistance conversion, there will be oscillating adjustments in the 2600-2700 range.
Judgment:
Is the market shifting from bullish to bearish?
We believe that the current decline is a normal correction and there is no necessary condition for a shift from bullish to bearish.
However, everyone must pay attention to the fact that the ETH spot trading volume has significantly decreased, while the ETH contract trading volume has surged, even becoming overloaded. One should be cautious not to hold on stubbornly.
Trading Range:
Intraday range 2600-2700
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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Sleepyvip
· 05-30 00:21
Quick, enter a position! 🚗
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