
加密前线(糖哥)|May 31, 2025 07:16
Daily Market Interpretation - BTC 05/31
The previous text suggested a break down at the BTC4H level and short-term support from 103666 to 103090. The duration and magnitude of the decline (falling below MA1203 to 6 K-lines) are generally within the expected range. Attention should be paid to taking profits when holding short positions, and spot prices may rise and exit later.
From the weekly trend, if the line closes near the current position this week, there is a high probability that it will enter a volatile downward trend at the weekly level in the next few weeks, and then judge the next trend evolution after reaching the MA30 area. Overall, the situation here can be simply described as stagflation after a super high within a high-level bullish trend, which is reflected on the daily chart with support from below. There is not much room for upward or downward movement, and it is necessary to monitor the market in a structure below 4H.
From the daily trend, it can be seen that after more than a month, the price will once again step back on the upward MA30, which will provide some support. However, considering that it is an encounter at a high level, this strength will not be very strong. More importantly, it will have the effect of watching the long and short and delaying the decline, as well as the opportunity for a pullback after the K-line deviates from the moving average.
From the perspective of the 4H trend, the support given earlier is at 103090, with a minimum of 103034 in the market. Its slow decline also meets the entry conditions, but the bearish side's pullback will not last long. The stop loss will be brought to the front low, and after the uptrend, it will be held, or after experiencing three fundamental level K-lines that do not rise, it will also need to be exited first. Then do a breakout trend for MA180 and a low long trend for MA250.
Radical order: Refer to the previous text for short-term support at the current price, stop loss of 1%, take profit of 104426/105480,
Short term support 101069~99650 (watch the market fast in and out), medium-term support 97640~94730 (1:2), form suppression 106329~107144. BTC
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