
飞龙财经|Apr 12, 2025 07:10
Analysis of the overall market situation on May 12, 2025
The big pie continues to rise, exceeding many people's expectations and recovering from the previous downtrend. However, the upward momentum is beginning to decrease, and there is a demand for a surge and correction over the weekend. Waiting for the top to be reached, short selling is needed. The large cycle market has not yet broken the level, and market confidence is insufficient. It still needs to be sorted out, waiting for confidence to recover or policy support to cooperate.
Ethereum followed BTC's rise, but it was weaker than the big pie, and the trend did not return to a healthy level. Expectations for the day continued to consolidate, and the market was sluggish, which dampened people's mentality. The counterfeit sector followed the mainstream rise, but the magnitude was not too large, so we should stay on the sidelines.
Big cake supports around 80000, pressure around 84500
Ethereum supports 1450, pressure 1640 BTC ETH
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink