Seize the trends in the crypto world and master the entry points for trades.

Hello everyone, I am Kangxi from the crypto world.
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Friday, May 23, 2025
Daily trading strategies for Bitcoin and Ethereum:
Pay attention to the support level around 110200 points for Bitcoin during the day. If it can effectively maintain above 110200 points, it will continue to trend upwards. The resistance level to watch above is around 112000 points, and after breaking through, pay attention to around 114000 points.
If the intraday fall below the support level of 110200 points, there will be a continuation of the downward downward trend, the following focus on the support level of 108000 points to 106000 points, below the focus on the support level of 102500 points, 101400 points, 100700 points, and then below the focus on the support level of 99000 points, 97900 points around,
If it can effectively maintain above 97900 points in the later stage, there will be a strong upward trend.
"Daily Trading Recommendations for Bitcoin: Short near the resistance level of 112,000 points, with a stop loss above 112,000 points. ♥ Long near the support level of 110,200 points, with a stop loss below 110,000 points."
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Ethereum's intraday focus is first on the support level around 2625 points, followed by the support levels around 2605 points and 2590 points. As long as it can effectively maintain above the support level of 2590 points, it will continue to trend upwards. The upper pressure levels to watch are around 2738 points, 2860 points, and 3000 points.
If it breaks down below the support level around 2590 points in the evening and can effectively maintain below the support level of 2590 points, there will be a continued downward correction. Pay attention to the support levels around 2515 points and 2450 points. If it can effectively maintain above the support level of 2450 points, there will be a continued upward trend. If it breaks below, pay attention to the support levels around 2350 points, 2270 points, and 2100 points.
If it can effectively maintain above 2100 points in the later stage, there will be a strong upward trend.
"Ethereum Daily Trading Suggestions: Go long near the support levels of 2625, 2590, and 2605 points, with a stop-loss below 2560 points."