Cryptocurrency Circle Liying: On May 24, the Bitcoin rising channel is on the verge of collapse, while the Ethereum doji indicates a balance of market forces. Latest market analysis.

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6 hours ago

Pionex: Bitcoin Latest Market Analysis on May 25

Article Published on 2025.5.25 ---- 0:10

The current price of Bitcoin is 108,844. Let's first look at the current trend in the market. Pionex has observed that the K-line is currently fluctuating within an upward channel. In the short term, Pionex believes the market is entering a phase of slight volatility, noting the presence of top and bottom formations, as well as shooting star and belt hold candlestick patterns, which may indicate the possibility of a rapid one-sided market trend. Therefore, Pionex suggests paying attention to whether the MA7 and MA30 will cross again to form a trend reversal signal. Traders may consider buying on dips when the price approaches important support levels or reducing positions when the price continues to rebound to resistance zones. Stay cautious and monitor changes in technical patterns to confirm market direction.

Today's Reference Points:

  • Long Entry: 105,500, Stop Loss: 104,500, Target: 109,000
  • Short Entry: 110,500, Stop Loss: 111,000, Target: 107,000

Ethereum Latest Market Analysis

Before publication, the current price of Ethereum is 2,551. The market is currently showing a downward trend. The moving averages MA7 and MA30 are clearly bearish. In the short term, Pionex has observed that although the MACD shows signs of a golden cross, the K-line encounters resistance near MA30. Additionally, the bearish engulfing pattern and doji candlestick in the K-line suggest potential downward pressure and a balance of market forces. Considering the high volatility in trading volume, the market may continue to fluctuate in the short term. Therefore, Pionex advises cautious operations, avoiding rash long or short positions, and maintaining a wait-and-see approach or engaging in small-scale short-term trades, focusing on swing trading while managing risks effectively.

Short-term Trading Ideas:

  • Long Entry: 2,500, Stop Loss: 2,450, Target: 2,650
  • Short Entry: 2,650, Stop Loss: 2,700, Target: 2,500

The above is a brief analysis by Pionex regarding the current market situation for investors' reference. Over the past ten years, Pionex has continuously explored and experienced hundreds of different digital assets. Throughout this process, Pionex has witnessed the brilliance of bull markets and the gloom of bear markets, accumulating countless valuable experiences and profound lessons along the way. As a female trader striving in this challenging field, Pionex feels a responsibility to share her insights and hopes to assist others with dreams in finding their place in this unpredictable market and embarking on their own successful journey.

The content of this article is time-sensitive and for reference only; risks are borne by the reader.

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