Market Analysis for BTC and ETH on May 27th: BTC, ETH Highlights Today
Market Review
Yesterday, BTC maintained a consolidation, with a healthy trend. A 4-hour low divergence is expected to form, while the daily-level top divergence remains. The weekly trend remains healthy. Pay attention to fundamental information and the Federal Reserve's interest rate cut process. Focus on the stability of 108,000 today, waiting for consolidation. Those who previously reduced positions can wait for an entry opportunity. The weekly golden cross has formed on the big cycle, and a new round of market movement is expected to start
The second coin followed BTC's synchronous consolidation, maintaining a healthy trend. Waiting for BTC to stabilize, maintaining a wait-and-see attitude today. The upward trend remains unchanged if it does not fall below 2,400
Altcoins followed the mainstream synchronous consolidation. Market sentiment is low, with the altcoin index pulling back to a lower level. Consider following up when mainstream coins stabilize. Focus on meme and ETH track coins. Binance has been hosting frequent activities, with continuous Alpha point events. You can accumulate points and wait for the next activity. SOL's on-chain activity continues to rise, and MEME coins are worth paying attention to
Today's Highlights:
BTC returns to a healthy range at 1-hour and 4-hour levels, and daily level returns to a healthy range. Expected consolidation today, with lower support at 107,500-108,000 and upper resistance at 110,000-110,500
ETH returns to a healthy range at 1-hour and 4-hour levels, and daily level returns to a healthy range. Expected consolidation today, with lower support at 2,450-2,500 and upper resistance at 2,650-2,700
