Li Mingyang 5.28 Evening BTC/ETH One-Hour Chart Analysis and Trading Strategy



ETH Price Movement: The one-hour chart is in a low-range consolidation after a decline, with a high of 2096.30 and a low of 1963.30. Currently trading sideways around 1988, short-term downward momentum is weakening, with a slight rebound but lacking strength, still constrained by the previous downtrend.

Key Support: 1963, 1980
Key Resistance: 2000, 2030, 2060

BTC
Price Movement: After a synchronized decline with ETH, the one-hour chart is in a low-range consolidation, with a high of 76143.0 and a low of 72700.7. Currently trading sideways around 73441, the short-term decline has halted but rebound is weak, overall still in a weak correction after a decline.

Key Support: 72700, 73000

Key Resistance: 74000, 74800, 75500

ETH Long Strategy:
Entry Zone: 1975-1980
Stop Loss: 1955
Take Profit: 2000, 2030

Short Position:
Entry Zone: 2000-2010
Stop Loss: 2035
Take Profit: 1980, 1965

BTC Long Strategy:
Entry Zone: 73000-73200
Stop Loss: 72600
Take Profit: 74000, 74800

Short Position:
Entry Zone: 74000-74200
Stop Loss: 74900
Take Profit: 73200, 72800

‼️ Personal Analysis: The current one-hour chart is in a low-range consolidation after a decline, with fierce battle between bulls and bears. The short-term direction is unclear, and overall remains weak. It is recommended to focus on short-term range trading, strictly control position sizes, avoid heavy positions when the trend is unclear, and wait for a breakout of the range to follow the trend. This is for reference only, not investment advice. ‼️$BTC
BTC-1.6%
ETH-1.37%
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