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Market Analysis for May 26 📊
BTC slumped over the weekend, then surged again early Monday morning.
Pay attention to the minor level pullback support at 109000-108200 within the day.
‼️As long as it doesn't break below these two positions, the bullish pattern is still intact.
The market will continue to rise.
The target resistance above is looking at 110000-111300-111800
‼️If it falls below 109000 during the day, a small-level pullback should begin.
The pullback target is around 108200.
If the four-hour closing line breaks below 108200,
So be careful as it may test the daily support near 107000 again.
ETH
The support for the aunt's multiple long and short positions is at 2540.
The current support level for long and short positions in the four-hour timeframe remains unchanged at 2540
‼️ As long as the four-hour closing line does not fall below 2540 again after the intraday pullback.
The bullish pattern on the four-hour chart still remains.
The upper target pressure is seen at 2600-2650-2686
‼️The four-hour level closing line has once again fallen below 2540
The market will test lower again, with support targets at 2450-2350#BTC #ETH .