Can a new trend be started this week after the weekend's oscillation?
US - NYSE, US - CME, US - ICE Rat Year Memorial Day Closed for one day
- Daily chart: After testing the 60,000 support level, the price has maintained oscillation above it. If there is no break below this level in the later period, the upward trend will continue.
- 1-hour chart: After a short-term breakthrough above the 66,000 level, there was a slight pullback. If there is no break below this support in the later period, there will still be a trend of continued upward movement.
II. Ethereum
Daily chart: After oscillating and testing the 3,100 level, the price rose again. If there is no break below this key level in the later period, the upward trend will continue.
- 1-hour chart: After a short-term breakthrough above the 3,600 level, there was some adjustment. If there is no break below this support in the later period, there will still be a trend of continued upward movement.
I. Bitcoin
- Yesterday's viewpoint:
Summary: After a short-term breakthrough above the 66,000 level, there was a slight pullback. If there is no break below this support in the later period, the upward trend will continue. Resistance above is at the 71,300 and 74,000 levels; if there is a break below, a pullback trend will start, with support below at the 63,200 and 60,400 levels.
- Later trend:
After a short-term pullback without breaking the 66,000 level, there was a narrow range oscillation, reaching a high of 69,590.
II. Ethereum
- Yesterday's viewpoint:
Summary: After a short-term breakthrough above the 3,550 level, there was some adjustment. If there is no break below this support in the later period, the upward trend will continue. Resistance above is at the 3,880 and 4,030 levels; if there is a break below, a pullback trend will start, with support below at the 3,400 and 3,220 levels.
Later trend:
After a short-term pullback without breaking the 3,550 level, there was an oscillation and rise, reaching a high of 3,887.
I. Bitcoin
Summary: After a short-term breakthrough above the 66,000 level, there was a slight pullback. If there is no break below this support in the later period, the upward trend will continue. Resistance above is at the 71,300 and 74,000 levels; if there is a break below, a pullback trend will start, with support below at the 63,200 and 60,400 levels.
II. Ethereum
Summary: After a short-term breakthrough above the 3,600 level, there was some adjustment. If there is no break below this support in the later period, the upward trend will continue. Resistance above is at the 3,880 and 4,030 levels; if there is a break below, a pullback trend will start, with support below at the 3,400 and 3,220 levels.
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