May 21, 2025 Bitcoin market analysis

Resistance level: 107,300
Support level: 105,600, Secondary support level: 103800
Current trend: High position horizontal consolidation phase, consolidation range 107,300 to 106,000!
From the technical indicators, the five-day moving average and the 10-day moving average cross the small golden cross, the opening has a secondary pull-up trend, the MACD crossover forms a meridian difference between the two lines almost parallel to the long volume can be more balanced, the market fluctuates and rises, the RIS indicator corresponding to the value of 88 of 86, has entered the over-buy stage, but the small pullback process did not effectively fall below the 10-day moving average, so there is a round of secondary upward market, if the second effectively breaks through 107,300 will test above 108, 800, so today's high-altitude point as much as possible to put up, the overall trend of the market is strong, and it will remain in a range of sideways shocks and finishing to stand firm after the second upward rush.
ETH Analysis Today
Current trend: Fluctuating upward
Upper resistance point: 2591, secondary resistance point: 2695
Support level: 2452, secondary support level: 2338
Current trend: Fluctuating upward trend, testing the upper Bollinger band line on the 1-hour chart, corresponding to the price of 2555. If it does not break, there will be a slight downward correction. The 5-day moving average and 10-day moving average have crossed golden cross upward, crossing the medium to long-term moving averages from below. The market shows a trend of turning from bearish to bullish, but it has already slowly risen by 100 points, with a slight correction occurring, entering a fluctuating consolidation range between 2516 and 2546! If it cannot break through 2550 for a long time, it will fall back, but the correction will not be large! #Gate 品牌战略重磅升级