#BTC ETH noon market update (May 30, 2025)

1. Market Outlook
After the new high of Bitcoin, funds have shifted to altcoins, with ETH as the leader of the altcoins charging ahead yesterday. Unfortunately, Bitcoin has declined, leading to a plunge in ETH, causing the 0 axis on the hourly level to fail directly. Currently, ETH has reached the resistance level of the previous range (around 2645), and we can observe whether there are any entry conditions for a second retest.
2. Key Technical Signals
1-hour level:
The current price has entered the 2645-2675 resistance zone, and attention should be paid to whether a decreasing volume support or a bottom divergence structure forms during the pullback.
If it breaks below the short-term support of 2570, it may accelerate the decline towards the vicinity of 2515.
6-hour level: Observe the effectiveness of the 0-axis support (around 2560)
12-hour level: After breaking below the 6-hour support, you can try to place a light long position near 2460 (considering the overall market sentiment).
3. Key Support and Resistance
Support: 2570-2515-2470
Pressure: 2645-2675-2730
4. Risk Warning
Correlation Risk: The movement of ETH is still constrained by BTC. If BTC falls below 105000, the altcoin sector may face collective pressure, and stop-loss orders need to be set accordingly.
Emotion volatility risk: The Las Vegas ETH conference speech (Wednesday-Thursday) and Friday's core PCE data may trigger severe market fluctuations, so high-frequency trading during the event window should be avoided.
Technical failure risk: If the 2645 pressure zone fails to break through after three consecutive highs, be cautious of forming a daily level top divergence structure, triggering a deep correction.