2026.5.29 Auntie's Thinking



The overall idea remains unchanged after the early morning

Yesterday, following Bitcoin's synchronized sharp decline, it broke through the key psychological level of 2000, with the lowest dip to 1968 before initiating a weak rebound. The overall trend is highly correlated with Bitcoin, also in a technical correction phase after a sharp decline. The long-term downward trend remains unchanged, and the rebound strength is significantly weaker than Bitcoin's. The short-term moving average on the 1-hour chart has turned upward to form support, but the medium- and long-term moving averages are still pressing down, presenting a "strong resistance above, weak support below" oscillation pattern.

$ETH
Entry: Rebound in the 2010-2030 range with a stop at 2050, watch 1960-1900

If the price directly breaks below 1960, abandon all long positions and follow the trend to short

If the price strongly breaks through 2130 and stabilizes, the short-term rebound will continue. You can temporarily wait and see, and re-enter short positions in the 2150-2170 range.

Auntie's trend is highly correlated with Bitcoin. Today, the focus is on whether Bitcoin can break through the resistance level of 73,800-73,900. When Bitcoin weakens, Auntie is likely to accelerate downward. #美伊谈判博弈
ETH0.19%
BTC-0.34%
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
  • Pinned