May 30th, Kòngǔ: The oscillation continues to decline, has a new adjustment begun?

CN
7 months ago

Oscillation and fall continue, has a new adjustment begun?

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① 20:30 U.S. first quarter actual GDP annualized quarterly rate revised value

② Speech by Williams, Federal Reserve, at 00:05 the next day

③ Speech by Logan, Federal Reserve, at 05:00 the next day

  1. Daily chart: After the price tested the 60,000 support level and maintained oscillation above it, a later pullback without breaking this level is still an upward trend.

  1. 1-hour chart: After a short-term breakthrough above the 66,000 level, there was a slight pullback. If the pullback does not break this support, there is still a trend of continued upward movement.

II. Ethereum

  1. Daily chart: After oscillating and testing the 3,100 level, the price rose again. If there is no pullback below this key level, it is still an upward trend.

  1. 1-hour chart: After a short-term breakthrough above the 3,600 level, there was a slight adjustment. If the pullback does not break this support, there is still a trend of continued upward movement.

I. Bitcoin

  1. Yesterday's view:

Summary: After a short-term breakthrough above the 66,000 level, there was a slight pullback. If the pullback does not break this support, there is still a trend of continued upward movement. Resistance above is at 70,600 and 73,440; if it breaks below, a pullback trend will begin, with support at 63,400 and 60,600.

 2. Future trend:

The future trend has not broken the 66,000 level and maintained narrow oscillation, reaching a low of 67,129.

II. Ethereum

  1. Yesterday's view:

Summary: After a short-term breakthrough above the 3,650 level, there was a slight adjustment. If the future trend does not break this support, there is still a trend of continued upward movement. Resistance above is at 4,010 and 4,150; if it breaks below, a pullback trend will begin, with support at 3,470 and 3,320.

 2. Future trend:

The future trend did not break the 3,650 level and rebounded again, reaching a low of 3,746.

Bitcoin

Summary: After a short-term breakthrough above the 66,000 level, there was a slight pullback. If the pullback does not break this support, there is still a trend of continued upward movement. Resistance above is at 70,700 and 73,440; if it breaks below, a pullback trend will begin, with support at 63,400 and 60,600.

Ethereum

Summary: After a short-term breakthrough above the 3,600 level, there was a slight adjustment. If the pullback does not break this support, there is still a trend of continued upward movement. Resistance above is at 3,950 and 4,110; if it breaks below, a pullback trend will begin, with support at 3,460 and 3,310.

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