5.25 Monday Afternoon Bitcoin and Ethereum Market Analysis and Trading Suggestions


The struggle at key levels is like the calm before the storm. Looking back from early this morning until now, Bitcoin continues its rebound momentum, steadily rising in the morning, and in the afternoon, the market once again hit the intraday high of 77,677, breaking the triple top at 77,200. It then slightly retreated, currently consolidating around 77,300. Overall, the bulls still hold the initiative, but 77,200 and 2,110 have become the short-term dividing lines between bulls and bears. The price candlestick is repeatedly testing this area, gathering strength for a breakout.

The current bullish rebound structure in the market is healthy, with no support levels broken during pullbacks. The continuation of the rebound trend remains optimistic. After the afternoon surge, Bitcoin's candlestick is now stuck at the 77,200 level, which determines the short-term direction—whether it will push higher or pull back depends on the outcome of the struggle here. To challenge the pressure levels at 78,500 / 2,145, it must stay above 77,200 / 2,110; if it cannot hold, it will retest 76,000 / 2,060, and if it cannot go up or down, it will oscillate within the 76,000-77,200 range.
It is worth noting that if the lower support at 76,000 is broken, the price will test the 74,200-74,700 zone again. If that is also broken, the real decline has just begun. In terms of trading, it is advisable to mainly buy on dips, targeting the resistance levels.
BTC: Buy on dips in the 77,000-76,500 range, targeting near 78,500
ETH: Buy on dips in the 2,100-2,080 range, targeting near 2,190
#TradFi交易分享挑战 $BTC $ETH
BTC-1.57%
ETH-0.6%
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