May 25 Early Morning Analysis


$BTC Current quote: 76,572.3 USDT, intraday increase of 1.54%, intraday range 75,333.3-77,600.0.

Technical indicator reference: Bollinger Bands middle band 76,753.1, upper band 77,400.9, lower band 76,105.3; 7-period moving average 76,460.4, 30-period moving average 76,858.6.

In the short term, the market surged to 77,600 then quickly pulled back, bottomed out, and rebounded slightly. Price broke below the 30-period moving average, turning the short-term pattern from strong to weak; currently stabilizing above the 7-period moving average, the market shows signs of stabilizing and repairing.
The Bollinger Bands, which previously expanded, are gradually contracting, with the current price below the middle band, maintaining a generally weak oscillating trend, with the oscillation range locked between 75,105 and 77,400. A personal suggestion: 75,500-76,100, with a target near 76,900-77,400; after breaking through and stabilizing, look toward 78,200.
Support levels: 76,100, 75,333
Resistance levels: 76,858, 77,400#BTC #ETH #BTC走势分析
BTC0.77%
ETH-0.12%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned