Yueying: Bitcoin and Ethereum Market Analysis (May 26-27) - Continue to Watch for a Rebound if the 76 Support Level Holds; Short-Term Strategy Included

The short-term long position in Bitcoin, as mentioned above, has limited upside potential. Looking at the daily chart, the previous candlestick closed slightly higher above the 7-day moving average, and after opening lower today, it rebounded and climbed back above the 7-day moving average. The Bollinger Bands are narrowing downwards, while the short-term moving averages are slightly upwards. The MACD fast and slow lines are turning upwards with decreasing volume. The KDJ indicator is crossing upwards; watch for resistance around the 100 level. The VR indicator is consolidating around 130. On the 4-hour chart, the price found support at the middle Bollinger Band and moving averages, resulting in consecutive positive candlesticks. It is currently trading above the 60-day moving average, touching around 78000. The Bollinger Bands are narrowing upwards, while the short-term moving averages are trending upwards. The MACD fast and slow lines are turning upwards with increasing volume. The KDJ indicator is crossing upwards; watch for resistance around the 100 level. The VR indicator is consolidating around 120. Overall, the short-term market fluctuations are in line with expectations, finding support and rebounding above 76,000. However, the momentum is currently limited, failing to break through the minor resistance around 78,000. In terms of price action, the short-term trend is still towards pullbacks, so continue to focus on the short-term support around 76,000. See short-term recommendations below. Bitcoin short-term recommendation: Buy at 76,600 (take profits as needed after strategy activation). The short-term strategy given above for Ethereum (ETH) at 2088 saw minimal intraday volatility. The daily and four-hour charts can be used as a reference for Bitcoin's overall technical trend. Short-term resistance is around 2250, and support is around 2050. The strategy remains the same. See short-term recommendations below. Ethereum short-term recommendation: Buy at 2088 (Click the image to see the homepage introduction for more cryptocurrency analysis). —I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about trading or trends, feel free to discuss and learn with me! Let's exchange ideas and profit together!