Market Trend Analysis (

BTC is still in a downward trend in the medium term, and it is in a minor pullback phase. The trend strength is increasing, but there is not much volume during the trading session. It cannot drive the trend downward.
Even if there is a deviation in the upward direction in the 12-hour cycle, the corrective action has already been completed at this time, and there is room for pump. The recent support is around 65000~67000, and it cannot be broken. If this level is broken, the subsequent pump to around 77000~80000 will not be realized. This is due to a long-term trend reversal.
6-hour cycle has been in a sideways state, although the trend is in sync, there is not much volume to support the trend in the market, and the recent support near 67000 is very strong, being tested all the time, but it cannot be broken.
In the 2-hour cycle, a 2B pattern appeared, and the strength of the upward trend continues to weaken. The rebound did not exceed the previous high point. Following the development of the short-term downtrend, the price should set a new low.
In the 1-hour timeframe, a clear downtrend has emerged with two lower highs. It is expected to reach a new low, but the profit target for this order is currently set around 67000 due to strong support at this level.

In the mid-term ETH market, the deviation has not been relieved, and the upward trend is still weakening. The MACD is about to reverse, and in the recent 3 days, the market is dominated by shorts. However, the volume at this time is not large, and the mid-term is confirming the top, and the trend is about to reverse into a downtrend, which generally lasts for at least 3 days to about a month.
In the 12-hour cycle, the downward trend is still strengthening, with the cooperation of short positions. However, the trading volume is not significant, and the trend is not synchronous because the MACD on the daily chart has not reversed. Therefore, the price is falling in a stumbling manner.
In the 6-hour trend, it has been in a oscillating downtrend state, and the trend strength is not strong, but the previous upward deviation has been completely repaired. So now the main reason for ETH's inability to continue to pump is in the 12-hour trend and daily chart.
The strength of the downtrend on the 4-hour time frame is weakening, and the volume has been consistently very small, and the upward deviation has been completely corrected.
In the short-term chart of the 1-hour cycle, the downward trend is still continuing, but there has been a divergence downwards, and a rebound trend is in progress [MACD has turned]. Correct the deviation. The recent resistance is around 3780.

Conclusion: [May 30, 2024, 20:16:04] The short orders of BTC have been withdrawn, indicating that the support at 67000 is very strong. Therefore, it is advised not to touch BTC in the short term. The short-term downward trend of ETH can be followed, paying attention to the short-term resistance near 3780. If it is not broken, there is still a chance to continue shorting.
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Small token observation
Small talk
【May 30, 2024, 16:10:33】BTC has a typical descending top structure, suitable for entry, with a stop loss near 68200, which is point C. Definitely do not take a large position. Otherwise, getting stopped out would be very painful. But we must set a stop loss.【May 30, 2024, 18:42:41】Stop loss in place. There is a change in the trend.
The long order near 2990~3110 before needs to set a moving stop loss/take profit. BTC directly stops loss on the spot at 67400 long order, and has already reduced position long ago.
2B Structure - Important entry logic. Do it in advance on the inevitable path of price movement. Whether we can make money and how much we can make depends on the market, which is beyond our control. However, the bottom limit [how much loss] can be controlled by ourselves, which is why we should enter with a small position. Roll the position with profits.
If the long position near 3750+ has already breakeven, you can reduce the position if the position is too large, and try to make a little profit with a small position.
Spot trading also has position management. Altcoins are not forbidden to buy, but you shouldn't buy too many. Buy in moderation.
Everyone needs to test this system. You can test it with the Ant Warehouse. No indicators can be used separately.



LTC is short at 84 [79d2], hold it, because it is a typical descending top structure. Set the stop loss around 84.2. There is still downward space temporarily [16:15:54, May 30, 2024]. First, hold until 80.5, where there is support, and the 4-hour cycle only has space to this position. Look at it later. √
Shib [Control Yourself], long-term support [support at the weekly level] around 0.(4)226 has not been broken temporarily. Moreover, the downward trend intensity is weakening, and the trend itself remains volatile. The medium-term is starting to form a top, and the trend is about to reverse. Moreover, for Shib itself, having a position is sufficient, and margin replenishment is not recommended. √
Aevo, ssv【Meimei Ai】, spot. Aevo has been in a downward trend in the medium term, and the rebound is basically weak. Unable to rise. Therefore, it is not recommended to buy. The fundamental of ssv is still good, but the price is a bit high, and the pullback has not temporarily dropped below the long-term support of around 37. The pullback trend is still continuing. You can buy some, but not too much. √
Cake【逮湾郎】, long-term support at around 2.1~2.3, the price has been above this range all the time, so it is safe. Currently in a pullback downtrend, spot entry can be made at any time, so let's first look at the fundamentals and I will reply tomorrow. The trend itself is fine. But the liquidity is very poor. √
Sols【Sic Bo】, take half a month first, if there is no improvement, you can sell at 0.45. √
Ethfi【dylan2moon】, there was a breakthrough in the recent pressure action in the mid-term, so the downtrend has been broken. After breaking through around 4.47, it has become a support. At this time, there is a mid-term pullback trend, and the MACD is starting to reverse. The defense level near 4.0 must not be breached, and the deviation of the 12-hour cycle has been repaired to a large extent. However, the strength of the downtrend is still increasing, and a rebound is about to occur in the 1-hour cycle, with short-term pressure around 4.6. √
Nfp【Hard】. 0.56~0.57 is a significant level of support and resistance. Whether it can break through or not is unknown. √
Maga 【Yunini】 if it is Spot, you can continue to hold if the average price is below 0.0004. If it is above 0.0004 and in a profitable state, you should reduce holdings. If in a loss state, hold for a while. Because there is no historical data and it is a new currency, technical analysis is not effective. √
3750 and the long positions near 3750 can be held for a while. However, a stop loss should be set to prevent the loss from expanding, as there is still downside potential in the market. A stop loss at around 3720 should be sufficient. The recent short-term resistance is near 3780. √
Sui【c53a】, the short-term market has encountered resistance around 1.0. It is currently in a pullback trend in the long term and a pullback trend in the medium term within the main downward swing trading. Therefore, it is highly likely to continue to create new lows. So, this order must be resolved within 2 days. √
Jasmy fundamentals are still okay, if the spot position is not too large, you can continue to hold. If it is a contract, the current short-term market is in a state of oscillation, with the high point at 0.026+ and the low point near 0.0244. There is a chance to breakeven. √
Wif【Xi Mi】, a short-term rebound trend is about to emerge soon, with recent short-term pressure around 3.55 and a large number of highs around 3.7. However, the medium-term is forming a top, which is a dangerous trend reversal action. There has also been a breakthrough of the support in the short term, and a trend reversal may occur. We need to find a way to sell the order around 12 o'clock tonight at the latest. It must not be later than 4 o'clock in the morning. √
Bonk Spot, the average price is around 0.（4）34 [Nannan1486], the position has already reached 80%, which is a very heavy position. There will be a short-term rebound in the upcoming short-term trend. The recent resistance is around 0.（4）364, but this level may not be reached, so it is likely to rise without moving. Therefore, when approaching the cost price, at least 95% of the position should be closed, and you can wait for a while. √
Chz【small and small】, 0.145, the current short-term market has experienced a breakthrough, and a short-term rebound trend will follow. The short-term pressure is around 0.149-0.152. If the price approaches here, reduce the position by more than 95% the same. These altcoins can be held in small quantities, don't buy too much. If it is 100U, just leave it there and don't do anything. √
Doge【1343】, Doge is a relatively famous altcoin. You can buy some and get a little more than other altcoins, but never touch the contract. Because it has a dealer - Musk, the rise and fall depend on Musk's mood and whether the rocket will explode. The short-term pressure is around 0.163, and the short-term has fallen too much, there is a rebound demand. √
Turbo【Spot don't understand】is confirming the top in the middle term, the strength of the upward trend is weakening, with a strong demand for pullback, the recent support is around 0.0044. The short-term trend is also beginning to turn, currently running a short-term rebound pump, with short-term pressure around 0.0075. However, there is no confidence because it may be a monster coin like trb, which does not comply with market rules. √