5.26 Bitcoin and Ethereum Market Analysis~ Trump Becomes a Disruptor in the Crypto Space, Intense Short-term Bull-Bear Battle~ How to Navigate

CN
孟晓瀚
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4 days ago

This morning at 6 AM, Trump announced a delay in the tariff increase for the EU until July 9, easing market concerns about tariffs, which led to a significant rebound in Bitcoin and Ethereum. Unfortunately, the high leverage strategy we provided in the early hours was unable to capitalize on this. It's quite regrettable.

Currently, after the weekly K update, Bitcoin has shown a 7 consecutive green candle trend. The MACD and KDJ indicators are severely overbought, and the price continues to operate near the upper band. Although the price is oscillating upwards relying on the MA5 daily moving average, there remains a gap of 5000-6000 points between the current price and the MA5 daily moving average that has yet to be filled. It is expected that there will be a pullback this week to fill the weekly K gap. As long as Bitcoin retraces without effectively breaking below the weekly K MA5 daily moving average support, the upward sentiment will not be damaged.

On the daily chart, with Trump's speech, the originally downward retracement sentiment indicators have also changed. The MACD is operating with reduced volume below the zero axis, and the KDJ three lines are about to form a golden cross at the bottom. The price is slightly rising relying on the MA 5 and 10 daily moving averages. However, looking at the 4-hour chart, the upper Bollinger Band shows a desire to press down. Although the MACD and KDJ indicators are showing a bullish resonance upward trend, there is strong selling pressure above 110,000, and signs of fatigue are appearing in the short-term upward movement, combined with the price being at a high level. Therefore, my personal view for the day is to first take high leverage and then low leverage, which seems more prudent.

Operational strategy: 110500-111500 leverage, target: 109000-108500, stop loss: 112000
Low leverage point: 108500-108000, target: 110000-111500.

Ethereum's overall trend is basically in sync with Bitcoin, but the overall trend and volume are much weaker. Therefore, my personal view for the day is to first take high leverage and then low leverage, which seems more prudent. Operational strategy: 2595-2630 leverage, target: 2555-2520, stop loss: 2650.

Low leverage point: 2530-2500, can try to buy. Target: 2580-2630.
For the short-term trend, this is expected to be sufficient, and I will continue to follow up later.
Personal views are for reference only; there may be delays in article review and push notifications, and the market changes rapidly. Specific entry and exit points should be based on real-time guidance. Please be cautious when entering the market. Analysis is not easy; I welcome everyone to like and follow the public account for surprises!

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