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Analysis on May 8, 2025
❤The news is generally positive, and there is still a possibility of interest rate cuts by the Federal Reserve this year, adjusted according to market factors. Old Powell's speech still belongs to
In conclusion, high inflation indicates that interest rates will not decrease so quickly, but domestic interest rate cuts and reserve requirement ratio reductions have little impact on blockchain; however, in the long run...
The term is related to the economy (trading market, real estate market, bone market, beneficial associations)
Main direction: The only negative factor is the tariff issue. In May and June, there will be a slight adjustment while maintaining a high level. When Bitcoin adjusts,
His small coins will drop quickly.
On that day: Ethereum oscillated within a range for 1 hour, Bitcoin broke the level creating a divergence, during the day, first look for a downturn then go long, oscillate down to buy Ethereum long.
Make a big pie, today is mainly bullish.
Resistance levels: 1870, 1930, 98900, 10000 Support levels: 1800, 1780, 96000, 95000
Ethereum on the day: Major upgrade successfully completed yesterday, currently priced at over 1820 with buy orders at 1800 and 1790, stop loss.
1775, take profit at 1860, 1890, 1930 (the probability of Ethereum breaking the box is high, aiming to touch the daily line and gold line)
Bitcoin Daily: Start paying attention at 96500, long positions at 96200 and 95500, stop loss at 95100, stable take profit at 98500, take profit.
99500, 10W, Bitcoin still has an acceleration pin going up.
For reference only, control positions and manage, for reference only.