May 26th, Tuesday, Zhongling Morning BTC/ETH Market Update



From the current market situation, the trend from last night to this morning shows clear signs of pressure, with prices remaining in a high-volatility zone. There is still room for downward movement below, so short-term trading should continue to follow a high-short strategy.

The current daily chart shows ten consecutive doji candles with narrow ranges, small real bodies, and no breakout from the high after prolonged consolidation. The monthly and weekly adjustment patterns remain unchanged. The key resistance at 78,500 has not been reclaimed, and the rebound still appears weak, with potential for downward movement after gathering strength. The 4-hour chart shows contraction and tug-of-war, with insufficient continuation of bullish or bearish momentum. Currently, prices are oscillating between the middle and upper bands, and it is expected that after testing the upper band in the Asian session, there will be resistance and a pullback to the middle band. In terms of trading, it is advisable to short near the upper band after a rebound.

Trading Suggestions:
Buy dips in the 77,500-77,700 range for Bitcoin, with an intraday target of 75,000!
Buy dips in the 2,130-2,150 range for ETH, with an intraday target of 1,920.
BTC-1.23%
ETH-0.99%
HYPE-5.56%
DOGE-1.66%
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