PalBTC Market Weekly Report -5.25 Figure 1: Weekly Chart Icon 1) The weekly chart has fallen for two consecutive days. Although it has basically closed after plundering downwards this week, the overall trend shows that there is indeed a peak at 8W. So in my personal opinion, as long as you can't stand steadily at 8 W, I think it's bearish, but intermediate news will bring various fluctuations, Below the weekly level, the target is bullish at ob 67 2) This week is the last week of May, and the opening price is at 763. Please note that if it falls below 763 this week, it will be a 100% peak. 3) Currently, BTC is still influenced by news coverage and the US stock market. I think the US Iran ceasefire market has already been priced in advance, reaching a high of 82. What's left now is a complete agreement or when the Strait of Hormuz will open, which will definitely bring a period of rise or fluctuation. Just be patient and wait. 4) Macro this week Consumer confidence index for May on Tuesday, May 26th; CRM/HP/SNPS financial report On Wednesday, May 27th, the Samsung/SK Hynix Leveraged ETF in South Korea was listed; DELL/COST Financial Report Thursday, May 28th Core PCE April (8:30 ET)+Q1 GDP correction Thursday, May 28th * 6.25B BTC option expiration (Deribit, pain point 75K) On Friday, May 29th, Bowman gave a speech Please note that Thursday's core PCE schedule for June FOMC: Warsh's first key data after taking office will affect the 6/16-17 dot matrix path. At present, the market expects 99% to remain unchanged, but if PCE rises beyond expectations, it will reignite discussions on interest rate hikes. Figure 2: Daily chart 1) After plundering 75 on Saturday, the daily line is currently rebounding and testing 78 with a bearish trend. If we are weak here, we refuse to go down. Be strong, then pay attention to plundering and testing under 80 2) The US stock market will not open tonight, we will see the specifics tomorrow morning. Figure 3: Hour chart 1) The current market trend today is stable within the EQ 768 range, followed by a one-day volatile rise. 2) At present, the core here is the 768 and 775 positions. Stand firm at 775, then watch 78 first and pay attention to plundering. Only by falling below 768 can we determine the probability of a downward trend. So protect patience