The price is currently oscillating at the 15-30 minute level, about 27500-28440. It is gradually converging in this range. Once the convergence is over, there is an 80% probability of continuing to test the upper level. It is also necessary to pay attention to the possibility of breaking through the channel, and the volume energy is also gradually decreasing, which is a shrinkage adjustment. , so observe the second upward test. Once it breaks through 28440, the bulls will continue. The current double bottom target is around 29200.

Resistance level [28400, 29200, 29800]

Support level [27500, 26800, 26600]

Ethereum is also gradually converging and oscillating, oscillating around 1875-1930. Once the price does not fall back below the neckline at a new low, there will still be an 80% probability of continuing to break through the target upward to 1990.

The price was briefly blocked at 28440 and fell back. A heavy-volume inverted hammer appeared in the 4 hours. It has now fallen back to the 4-hour double bottom neckline, forming a shrinking retracement. Observe the subsequent secondary test. Once the bottom structure is formed in 15-30 minutes, it will break upward again and continue to test. Above, the double bottom target price is measured near 29200, which also means that it will break through the downward channel, so short selling needs to be cautious. When the price breaks through 27500, the strategy must be changed. The current 4-hour level considers the bullish trend, and the gap below has not been filled. , if the cover will fall below the neckline, then once the price forms a rebound and breakthrough channel at the neckline, it will probably cover the 29100-29800 gap above.

There was a big fluctuation on Sunday, with the price breaking through the previous high of 27,500 and the neckline of 27,700, indicating that the price formed a double bottom structure. Since a bottom structure has been formed, it is not overly bearish for the time being. However, short-term risks still need to be paid attention to. The rise on the first Sunday caused A futures gap of 26900-27900 is formed, and covering is highly likely, but there is also a gap of 29100-29800 above, so it is currently uncertain which one will be filled first, but the gap below will definitely be filled, and secondly, the chip-intensive area below is around 26800 , so if the price just reaches the chip-intensive area to form demand after covering, then the price is currently at the upper edge of the channel, which is a channel suppression, but whether it can break through still needs to be observed to see whether a relay structure will be formed in the future, such as a triangle, a flag If a relay structure such as a shape is formed and adjusted in volume, there is a high probability that it will continue to test upwards in the future. The current market choice to rise indicates that the overall level is expanding.

With the arrival of the weekend, the price of Bitcoin is hovering around 26800. There is still no strong supply. The main reason is because of the weekend. However, it fell back briefly and fell below the short-term upward trend line. At present, it is still not optimistic about the price. Breaking through the previous high, as long as the mid-line price does not exceed 27,500, there is still the possibility of further decline, and the possibility is very high, so you need to be cautious when going long.

Resistance level [26900, 27160, 27500]

Support level [26300, 25800, 25200]

Ethereum also had a short retracement yesterday. The supply is not particularly large, but it is very close to the downward trend line. The midline needs to be focused on 1880. At present, the probability of a breakthrough is not high, so it is more inclined to fall back after a short test. If the price is going to rise, then The subsequent fall cannot make a new low, but form a convergence shock and an upward breakthrough. Otherwise, there is still the possibility of further decline without breaking through 1880. However, it is still necessary to note that there is currently no top structure and the price does not have a strong supply near 1840. If the price continues to test upward, you need to pay attention to 1853. This range is the area of ​​high density of chips before, so pay attention to short-term short squeeze.

Bitcoin has currently rebounded to the supply area, but there is no strong supply from the perspective of volume. This is probably because it is entering the weekend. However, from the 4-hour view, there is an upper shadow line, indicating that there is some selling pressure, but not much, so the follow-up Observe whether a 1-2 hour double top structure will form. Currently, it is judged that the probability that this second test will rebound and break through the previous high is not high, so the overall trend is still bearish. It is currently just a rebound test, and the test is still bearish after the test is completed.

Resistance level [26900, 27160, 27500]

Support level [26300, 25800, 25200]

Ethereum has also rebounded to the supply area, reaching a maximum of 1835. The same amount of energy has not increased. In addition, it is currently close to the trend line. It will be observed whether it will break through the falling wedge in the future. However, even if it breaks through, it will have to break through the previous high of 1880, but 1880 formed a strong supply before. Therefore, the closer it is, the easier it is to appear, so we still need to be cautious. We are not optimistic about breaking through the previous high of 1880. We will wait for the weekend to see whether the short-term structure will build a top structure and form a pullback.

Bitcoin is currently rebounding near the previous low of 25900, so the upper supply zone is at 26680-26880. If the price reaches this position, it needs to be observed whether a supply will form. The overall situation is in a downward triangle. If it breaks below the previous low to test, there will be demand to form a rebound, but from Volume energy observation shows that the bullish volume energy is very weak, so once the supply zone is tested, it will continue to fall, and it is not expected to rebound and break through the previous high to form a turning trend. The high point will only continue to decrease, and then the center of gravity will continue to shift downward, so short and long You need to consider closing when you are ready.

Resistance level [26680, 26880, 27160]

Support level [25800, 25200, 23900]

Bitcoin broke through a triangle. It was also mentioned before that it was subjectively believed that the downward break was the main one. However, the price did not form a convergence and downward break. Therefore, it was as low as 25,900 before the test. It was observed whether this position can form a rebound in demand. However, even if it can rebound, it will be difficult to break through. 27700, so it will fall back again when it rebounds to the supply level. The center of gravity is currently moving downwards. Although it will not plummet, it will be a downturn, so even if it is long, it can only be short-term, because the mid-line short position is more obvious.

Resistance level [26500, 26800, 27700]

Support level [25800, 25200, 23900]

Ethereum is currently in the process of breaking down. Ethereum broke through falsely based on the triangular structure and then broke down. It is now showing an upward channel and breaks down. It is also linked to the low and medium before the Bitcoin test, but you need to pay attention to the subsequent price test. The upper pressure is at 1826 In the -1840 range, a potential falling wedge appears for larger levels. According to the wedge structure, there is a 90% probability of breaking through. Therefore, we need to pay attention to whether the bulls can counterattack and form a breakthrough in the future. However, it is subjectively judged that even if the wedge is broken, it will be difficult to turn around. The trend is likely to be horizontal instead of rising.

The price of Bitcoin is still oscillating around the triangle. Although there is a short-term pull-up within the structure, it has not broken through the previous high point, so the overall price is still in shock. Yesterday’s rise is an expansion of levels, which means that the shock will last for a while, and there is a high probability that we will have to wait for June 1 Hong Kong's licensing is favorable for implementation. In addition, it should be noted that this range has formed a 4-hour level shock structure. Although it has been judged recently to be a descending relay structure in decline, in order to hunt for liquidity, it is possible to rise first and then fall. It is clear here To express a subjective point of view, there is a need for a correction in the midline. Even if the triangle breaks upward later, it will be blocked by the pressure near the previous high and fall. Moreover, the monthly line will most likely form a yin and a yang. Once the closing price is formed in 7 days, it means that a stage top has appeared. Do not Don't let your imagination run wild. Market behavior is the best explanation. The market will not rise because of your FOMO. You should leave when it's time to leave.

The price of Bitcoin is still volatile, but it has gradually converged. The fluctuations are getting smaller and smaller. I believe that the market will change soon. If it breaks below, there will be a chance to test the previous low of around 25800. The midline structure is still short, so even if it rises in the future, it will still be around 25,800. The pressure level is blocked and falls back, and the whole continues to move around the downward channel, waiting for convergence to choose a direction.

Resistance level [27700, 28500, 29150]

Support level [25800, 25200, 23900]

Ethereum has formed a bullish oscillatory triangle, and the degree of convergence is more extreme than that of Bitcoin. Therefore, Ethereum may be the first to change the market. If the subsequent heavy volume breaks through 1830, it will have the opportunity to test the previous high of 1880, but a breakthrough does not mean a reversal, because there is no bottom. Due to the structure and the accumulation of chips for a long time, it is possible to form a false breakthrough, so you need to be careful when operating breakthrough orders.

Bitcoin judged that the market is volatile. It is still oscillating within the structure and is still waiting for convergence. The current degree of convergence is still not enough. It is estimated that the market will converge this week. In addition, a downward relay structure is currently formed, so the subjective tendency of the market to break after the convergence is greater than It's broken, so be careful.

Resistance level [27700, 28500, 29150]

Support level [25800, 25200, 23900]

Ethereum mentioned yesterday that although it broke through the triangle, there was no large-volume breakthrough, and the volume was sluggish. It was not optimistic about breaking through the previous high, and then the price continued to fall. So now it continues to link up with Bitcoin to converge and fluctuate, and the subsequent changes in the market are also in the direction. Down.

Bitcoin has hardly fluctuated over the weekend. It is currently moving around the internal shock structure. It is currently judged that a convergence shock will gradually form. The rise and fall before complete convergence is easily misleading, so we need to be cautious and observe the completion of subsequent convergence. The direction is a breakthrough, and when the time comes, it will be a breakthrough, that is, the direction.

Resistance level [27700, 28500, 29150]

Support level [25800, 25200, 23900]

Ethereum has currently broken through the triangle structure, but there has been no large-volume breakthrough, and the volume energy is very sluggish. This is largely caused by low liquidity, not a manifestation of demand, and it is not expected to break through the previous high of 1846, and Bitcoin is in shock convergence. Therefore, we should maintain a cautious attitude. In the short term, shocks will dominate.

Bitcoin started to have no fluctuations into the weekend, and it is now in the midst of converging shocks, so there will be less fluctuations. Yesterday, the news caused the price to spike up and down in the short term, but it is obvious that the price remains volatile and moves internally, so there is no direction. Still waiting for convergence.

Resistance level [27700, 28500, 29150]

Support level [25800, 25200, 23900]

Ethereum has also not experienced much fluctuation. The current shock triangle is relatively obvious, so it is also waiting for convergence and maintains the view of a decline relay without breaking 1846.

Resistance level [1846, 1880, 1912]

Bitcoin formed a support near 26500 after a short correction, and is now rebounding. There is currently a potential double bottom structure at the 2-hour level. If it breaks through 27700, it will most likely reach 28900. If there is no effective breakthrough, it does not count. In addition, it should be noted that 27700 is a pressure support. The positions are swapped, so it is hard to say whether it can break through. It is currently a short trend. Betting on a long breakthrough is a contrarian behavior, so you need to be cautious.

Resistance level [27700, 28500, 29150]

Support level [26500, 25200, 23900]

Ethereum also has a potential double bottom structure. The neckline is at 1846. If there is an effective breakthrough, it can go to 1910. If it does not occur, it does not matter. If there is no way to break through in the future, then there is a high probability that a relay structure will be formed, which will increase the probability of decline, so it is still Caution is required.

Bitcoin is currently running around the downward channel. It made a slight correction yesterday, but did not fall below the previous low. Therefore, it is still bullish at the 2-hour level, but it is necessary to pay attention to the pressure near the previous high. Currently, it is judged that the downward trend is dominated by shocks, and there is no bottom structure at the small level. , so it is difficult to rise sharply, so we need to be cautious.

Resistance level [27500, 28500, 29150]

Support level [26700, 25200, 23900]

Ethereum is mainly linked to each other and is still in the flag shape. Although there is a potential decline expectation, it remains long before the low is broken. The previous low was 1785. If it does not fall below, it will be bullish around the 2-hour level, but for larger levels We need to be cautious. Unless the price falls again to test the support near 1765 and rebounds again to break through the previous high to form a double bottom structure, it will be difficult to continue to rise. Even if it rises, it will easily fall, especially now near the neckline.

Bitcoin rebounded and rose to around 27600 to form a supply, and there is a certain supply. However, it should be noted that the bull volume of this rebound is very weak. The daily line is relatively obvious, and it closed the long upper shadow line yesterday, so observe the subsequent secondary test. Can it continue to reach new highs? If it cannot and falls below 26,700, we must pay attention to the risk of a correction. The overall trend is currently running below the downward channel. It will be difficult to break through 28,200 in the short term, and we still need to avoid risks.

Resistance level [27500, 28500, 29150]

Support level [26700, 25200, 23900]

Supply also appeared after Ethereum's linked rise. Ethereum currently has a potential 2-hour level falling flag pattern, and it occurred during the process of stepping back on the neckline, so this position is more dangerous. Observe whether the second test will continue to reach new highs. If not, pay attention. Will it fall below 1785? If it falls below, it will test the previous low of 1738.

Bitcoin is currently rebounding on the hour. It should be noted that the previous high pressure was 28300. Because it rose over the weekend, a futures gap of 26500-26800 was left. Therefore, even if it rises, we are cautiously bullish. The current midline is still short, although there will be various rebounds when support is reached. , but it is still bearish, especially now that it is in the process of retracing the neckline. It will be tested repeatedly at this stage, but there is a high probability that it will not break through the previous high, so we need to be cautious about the market outlook.

Resistance level [27900, 28500, 29150]

Support level [26400, 25200, 23900]

Ethereum has risen in tandem, but there has not been much growth. You need to pay attention to the risk of a linkage correction of Bitcoin to cover the gap. 1-2 hours ago, it was as high as 1880. The closer it is, the greater the pressure. You need to pay attention to whether a top structure will be built below 1880.

Bitcoin is currently in a bearish trend for the 12-hour level. The previous high is 30,000, and the decline will stop only if it breaks through. The 2-4 hour level was previously high at 28,280, and the decline will stop only if it breaks through. The price is currently rebounding under the support of the descending channel. Although There is a rebound, but it can be seen that the rebound is not very strong, and the bullish volume is not strong. It is currently under pressure, and the rebound occurred on the weekend. It is observed that the price will repeatedly test the 27000 neckline. Before the decline stops, long positions can only be short-term. , when encountering resistance, you must consider moving take profit. For short trends, look more at pressure and less at support, and do not copy the bottom of new lows.

Bitcoin is currently continuing to fall, and has fallen below the 12-hour triangle structure. It was originally expected to continue to fluctuate and converge, so the choice of breaking the position now shows that the price is oversupplied in the short term, and from the 4-hour perspective, the bullish power is almost covered up, but this The breakout is not strong, but it is already a short trend at the 12-hour level. For the 2-4 hour level, the decline can only be stopped if it breaks through 28280. It is more difficult to stop the decline. Overall, the risk is still very high. Although the short trend is established, However, in order to form a substantial decline, it still needs to be restrained. It is difficult for the current trend to fall significantly. However, the continued decline is also very annoying to test the demand. But what is certain is that the price cannot rise now. 31,000 is currently a staged band high. point.