Chu Yuechen: Bitcoin (ETH) Market Analysis and Trading Reference (May 25th)

Chu Yuechen: Bitcoin (ETH) Market Analysis and Trading Reference for May 25th. Currently, large investors are accumulating positions, but market sentiment is not high. Short-term, it may continue to fluctuate. There is strong resistance at 77500-78500, while support lies at the daily Bollinger Band middle line between 72500-73000. Therefore, without strong stimulus, Bitcoin will likely maintain this range-bound movement in the short term. For short-term contracts, I've been shorting around 77000 these past few days, avoiding greed and setting stop-loss orders. This market is relatively easy to trade. Today, we will continue shorting above 77000, adding to the short position around 78000, with a stop-loss at 78600 and a target of 75000. Of course, profits should be taken promptly. For our short-term trades, we can exit when Bitcoin drops by about 1000 points. Just wait patiently before re-entering the market. ETH is weaker, with resistance around 2150. Short positions can be opened directly between 2100 and 2130, with additional short positions added above 2150. Stop loss at 2200, target 2000. That's all for today. I will provide timely entry and exit signals to those who follow my trades. Those who want to discuss trading strategies together can check my profile.