5.25 Bitcoin and Ethereum Market Analysis #美联储纪要立场转变
Bitcoin: Currently consolidating around 77315. The market is showing signs of a clear volume contraction after a high run, influenced by the exhaustion of bullish momentum at elevated levels and tightening liquidity expectations. Tomorrow, a Federal Reserve official will speak on macro policies, and the market is split between bulls and bears, likely leading to a short-term choppy range washout. The daily technicals are gradually retesting short-term support. If the bulls can’t effectively stop the drop here and organize a rebound, we’re likely to seek a deeper pullback. 76000 is the key defensive level; if it breaks, the short-term trend will officially shift to a choppy downtrend. $BTC
Ethereum: After a weak pullback linked to the overall market, it's now seeing a low-level bounce around 2113. Today's London banking holiday has affected trading, leading to a low-volume downward drift earlier in the day, with another test below 2115. On the 1-hour chart, the candlestick touched the lower Bollinger Band, with bulls showing slight volume resistance. The upper Bollinger Band resistance at 2123 remains strong. The market will likely trade within a narrow range between 2099 and 2123 for position swapping. If it can't reclaim the mid-band, we expect a further pullback to the key technical support at 2078. $ETH