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Summary for May 27
Hearts have mountains and seas, calm but boundless. We identify a trend and then make a firm choice. Mindset is the most important quality needed on the trading path. The intraday market has already ended. The long position idea we provided this morning, although only capturing 400 points of profit, is quite good given the narrow range of the intraday fluctuation. Before the US stock market opened, we also suggested buying on dips at low levels. Watch the 75,000 support. As predicted, in the evening, the support below 75,000 was very solid and did not break effectively. So we can go long directly at the point level, with no surprises!
From the current market analysis, the daily chart has formed a short-term oscillation pattern because the market is waiting for the outcome of US-Iran negotiations. A positive news event is needed to break the deadlock and give the market a boost. On the four-hour chart, a double bottom pattern has already formed. Since the support below 75,000 is solid, our subsequent idea is to buy on dips below 75,000 and look higher. The first target is 76,500, and the second target is 77,500. The market provides a good entry opportunity. Don’t hesitate and miss this confirmed move!
BTC: Buy on dips at 74,500-75,000, aiming for 76,500
ETH: Buy on dips at 2,030-2,050, aiming for 2,150#股票交易挑战最高赢17000U $BTC $ETH