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5.23 Evening Market Analysis
The overall market trading is quiet, prices are moving sideways at low levels, and the bearish trend is dominant, with insufficient rebound strength
BTC current price 75,450
Resistance: 75,800, 76,300
Support: 75,200, 74,800
Operation: Short at resistance during rebounds, lightly long at support levels, break below support indicates a bearish trend
ETH current price 2,063
Resistance: 2,090, 2,120
Support: 2,050, 2,000
Operation: Short at resistance after a rally, small position at key support for rebound speculation
Mainstream Coins
Various coins are moving weakly in sync, news of layer-two project shutdowns is disturbing the market, cautious participation in high-priced coins
Risk Control Reminder
Market sentiment is fearful, hold 10-20% of positions, strictly set stop-losses, avoid heavy position chasing
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$BTC $GT $ETH