Yue Ying: 5.28 Bitcoin and Ethereum Market Analysis Today, Will the 75,000 Break Lead to a Big Drop? Beware of a Reversal in Extreme Weakness



Bitcoin Technical Analysis ————

Bitcoin daily chart shows consecutive downward K-lines breaking below the 60-day moving average, with the opening accelerating downward to test the lower band support. The Bollinger Bands are opening downward, with short-term moving averages trending down, MACD fast and slow lines moving downward with increasing volume bars, KDJ crossing downward and extending near the 0 level for support, VR indicator consolidating around 110. On the four-hour chart, the market shows five consecutive declines breaking below the lower band, with a false break around 73,000; the K-line deviates from the indicator but is currently rebounding. The Bollinger Bands are opening trumpet-style, short-term moving averages trending downward, MACD fast and slow lines extending downward with increasing volume, KDJ supported at 0 turning upward, VR indicator consolidating near 60. Overall, the market is declining with consecutive downward moves, breaking below the 60-day moving average and the key support at 75,000. The weekly K again shows signs of further decline, with the next key support moving down to the 70,000-69,000 range. In the short term, support around 71,800 can be used for entry, with resistance at the bottom of the 75,000 range. For short-term trading advice;

Bitcoin short-term suggestion: buy above 71,800, sell at 74,250 (activate strategy with profit, manage yourself)

Yitai Technical Analysis ————

Yitai is in a weak downward trend, breaking below 2,000. The four-hour chart shows the deviation indicator rebounding slightly. Although the current weakness suggests caution against overly bearish or short positions, the overall technical trend can reference Bitcoin’s analysis. Short-term resistance is around 2,100, support at 1,930. Short-term trading advice;

Yitai short-term suggestion: short at 2,078, long at 1,960 (activate strategy with profit, manage yourself)

— I am Zhou Yueying, a teacher focused on technical analysis. If anyone has questions about operations or trends, feel free to communicate and learn with me! Let’s share insights and profit together! #24h加密合约清算破4亿美元 #Gate预测市场升级聪明钱追踪 $BTC
BTC-0.27%
ETH0.76%
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