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2025.5.29 9:53 AM BTC/ETH market analysis
This night saw a plunder of 1.7 billion CNY, with 84,252 people going bankrupt to zero, which is a very normal statistic. However, many still fall into this category, and the reason lies in position management. If positions are not controlled, it's like driving without brakes or sailing without a compass!
BTC attention
Support 104750/102403/100000
No pressure
In the past few days, BTC has not performed as well as ETH. After a period of stagnation, a lot of capital has fled from BTC to speculate on ETH, which has resulted in ETH showing a lot of profitable effects these days. BTC is increasingly struggling, which is closely related to the directional choices it must face. Based on the current support trend line and resistance levels, BTC will definitely have to choose a new direction around the beginning of next month!
Today, pay attention to the strength at the key level of 106500!
ETH focus
Support 2585/2460-2480/2403
No pressure
After stabilizing the daily K-line MA250, 2851 seems to be unstoppable, and the demand for touching or even breaking through it is increasing!
In operation: seizing the opportunity means taking action, leaving 1-2 chances for averaging down, don't hesitate. After 1-2 times of averaging down, if there is still no short-term right-side trend, it's not too late to stop loss. There is no 100% in operations, take small positions to test and give opportunities, and when it's time to take action, just do it!
#Bitcoin 2025 Conference