煌道 | 交易之道|May 12, 2026 00:36
5.12 This month will see a market shift
1. $BTC has rebounded nearly 40%. The upper zone is a year-long resistance area, making it impossible to break through in one go. Either the rebound ends, or it undergoes prolonged consolidation before moving upward. The likelihood of the rebound ending and returning to a bearish trend is higher.
2. $ETH shows an even clearer rebound trend, once again encountering resistance at the weekly EMA20. It hasn’t followed $BTC in hitting new highs. The altcoin market is mostly in the late-stage rebound with supplementary gains, which are less sustainable.
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