May 26 Tuesday Morning Bitcoin and Ethereum Market Analysis and Trading Suggestions


Understanding the market trend reversal is key; following the trend allows you to confidently navigate each phase of the market.
Looking back at the movement from early morning until now, the market clearly struggled to push higher when attempting to break through, with bearish forces emerging below key resistance levels.
Although briefly surpassing yesterday’s high overnight, Bitcoin touched 77,887 and Ethereum reached 2,141, but failed to hold steady and quickly retreated.
This decline not only retraced part of yesterday’s gains but also effectively broke below the previously emphasized support levels of 77,200 and 2,110, which served as the dividing line between bulls and bears, damaging the rebound structure.
Last night I rested early; yesterday’s strategy was to re-enter long positions on dips.
Zhi Lan Shí Pán followed the same approach, accumulating positions step by step.
Bitcoin gained a total of 1,817 points in space, Ethereum gained 91 points, small gains adding up, with a comfortable rhythm.

From the current market situation, multi-timeframe technical patterns are collectively weakening, and the short-term has officially entered a bearish correction phase.
On the hourly chart, all short-term moving averages are turning downward, forming a complete bearish alignment, with resistance layers pressing down on upward movement.
The Bollinger Bands are closing and then turning downward again, showing weak characteristics of “rebound then fall” and “lower lows.”
Short-term support is at 76,000; if volume increases and it breaks below, the downward space will further open.
On the 15-minute chart, the divergence is more obvious: the Bollinger Bands are expanding downward, and the candlesticks are continuously operating below the middle band, forming a standard bearish channel.
Bearish momentum is accumulating, and rebounds are consistently suppressed by the midline.
The 77,000-77,500 zone above has shifted from previous support to strong resistance, making effective breakthroughs difficult.

BTC: Rebound in the 77,000-77,300 range is short, with the target below at around 76,000; a breakout targets around 75,000.
ETH: Rebound in the 2,110-2,120 range is short, with the target below at 2,060; a breakout targets around 2,000.

#股票交易挑战最高赢17000U $BTC $ETH
BTC-1.56%
ETH-1.62%
View Original
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