Understand a whole night in 30 seconds

From 0:00 to 9:00 on May 22, Bitcoin and Ether overall moved out of the "early morning surge, then pullback, and morning oscillation with slight weakness" pattern. Bitcoin rapidly rose from around 76,850 in the early morning, reaching a high of about 78,063, but there was obvious selling pressure near 78,000, and then the price gradually pulled back. Currently, it is consolidating around 77,300, showing a short-term rebound after a high-level correction and oscillation. Ether's trend was basically synchronized, with a high of about 2,152 in the early morning, then facing resistance and falling back. It is now oscillating around 2,129, indicating that the bulls' momentum to push higher was insufficient after the surge.

From the capital perspective, trading volume increased during the early morning rally, but subsequent follow-up was lacking, indicating that chasing the rally was cautious. During the pullback phase, volume did not continue to expand, and the market has not yet formed a one-sided panic. Technically, both Bitcoin and Ether show signs of a short-term rise followed by a pullback, with MACD momentum slowing down, KDJ turning downward for consolidation, and RSI returning to a neutral-weak zone. There are no obvious strong news stimuli at the moment, and the market is more influenced by short-term capital speculation. Overall, the nighttime market was not a one-sided rise but shifted into oscillation after encountering resistance. The current market sentiment is cautious, with an increased proportion of funds observing. #特朗普称美伊正敲定协议细节 $BTC $ETH