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Grasp the trends in the crypto world and master the entry points for trades.
Hello everyone, I am Kangxi from the crypto world.
Follow me: I will share practical insights from the crypto world, delve into market trends, and achieve wealth growth.
Monday, May 26, 2025
Bitcoin and Ethereum intraday trading strategies:
The focus for Bitcoin during the day is primarily on the resistance level between 109500 points and 110200 points. If it can effectively break through 110200 points upwards and maintain operations above 110200 points, it will continue to trend upwards. The resistance levels to watch above are around 111300 points and 112000 points.
If it can effectively stay below the resistance level of 110,200 points during the day, there will be a continued downward retracement trend. Pay attention to the support levels at 106,800 points, 106,000 points, and around 105,000 points. If it falls below, watch the support levels at 102,500 points, 101,400 points, and around 100,700 points. Then, pay attention to the support levels at 99,000 points and around 97,900 points.
If it can effectively maintain above 97900 points in the later stage, there will be a strong upward trend.
"Daily Operation Suggestion for Bitcoin: Short at the resistance levels of 110200 to 109500 points, around 111300 points, with a stop loss above 112000 points."
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In the short term, Ethereum focuses on the resistance levels around 2575 points and 2620 points. Once broken, the next targets are 2650 points, 2690 points, and the high of 2735 points.
If it continues to operate below the resistance level of 2620 points throughout the day, there will be a continued downward pullback trend. Pay attention to the support levels around 2500 points to 2450 points below. If it breaks below, watch for 2350 points, 2270 points, and around 2100 points.
If it can effectively maintain above 2100 points in the later stage, there will be a strong upward trend.
"Ethereum intraday trading advice: Short near resistance levels of 2575, 2620, and 2650 points, with a stop loss above 2700 points"