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Saturday, May 31, 2025, at 8:00 AM
I am Ashui
Morning Analysis Today:
1. The daily BTC has fallen from a stage high of 110,000 to the current 103,000, and the bullish pattern is broken, and we should be wary of turning from long to short
The 2-4 hour BTC chart feedback does not indicate a support level, do not try to bottom out and go long.
3. The intraday short-term high point is judged to be 106000.
4. In terms of trading volume, the transaction volume has decreased. The capital momentum is weak, and the rebound is feeble; these are all reflections of the bulls' weakness.
5. The previous support level during the upward cycle is 102000, which we can temporarily input.
Judgment:
Today's trading range is 102000-105000, from the perspective of disk form and trading volume, the current market has a little reversal from long to short. Be wary not to chase high
Transaction:
More should be in cash, we can consider that today is still the stage for capital to take profits and exit. Don't blindly chase long positions.
ETH Morning Analysis Today:
The ETH trend follows BTC. We only need to determine that the support level of the previous bull cycle was 2450, and this bull cycle reached a maximum of 2788, just a step away from our target of 2800. However, considering the current obvious downward trend in the market, we should not try to catch the bottom, do not catch the bottom.
Judgment:
The trading range is 2500-2580, and the overall direction will continue to decline. Currently, there is no effective support.
Transaction:
You can short at a higher point, set the stop loss at 2600. Don't try to catch the bottom, there is no bottom.
Overview:
At this stage, both BTC and ETH do not have a bottom; do not try to catch the bottom.