25/05/18 BTC fluctuated at a high position for 9 days, the weekly line basically closed as a doji star, and there was a bottom divergence again in the 4-hour chart.

Urgent update, there are some abnormal signals in the short-term of BTC, and the probability of a weekly close as a doji star is relatively high. The daily chart shows a top divergence but has maintained a high position with continuous fluctuations for 9 days. However, there is still a bottom divergence on the 4-hour chart, which can lead to a rise. This wave of increase is mainly driven by large institutional funds, and there are not many retail investors entering the market, with quite a few fearing heights and exiting early.

The thinking of Meigu will not change, and completing the bat system is also close to the previous high, with a high probability of a pullback. Meanwhile, the large short prototype and the reduction or liquidation of positions by Buffett and others in Meigu, along with Moody's downgrade of the U.S. sovereign credit rating, means the U.S. has completely bid farewell to the top AAA credit rating club. Additionally, the Eastern Rabbit and a large sell-off of U.S. Treasury bonds have occurred. Therefore, there is risk at critical positions in Meigu, but there are also no short signals. Furthermore, with gold also pulling back recently, whether BTC will play a safe-haven role is worth looking forward to, and the probability of a trend change next week is very high.

BTC
BTC has been oscillating narrowly at a high position for 9 days, and there is a top divergence on the daily chart, but the decline is limited. On the 4-hour chart, the bottom divergence still has upward momentum. Therefore, I remind those who want to short to wait. There must be a significant upward spike before a pullback occurs. Secondly, for spot traders, they should still aim for a short-term upward move before holding the long positions established at 78000. Those doing short-term trading can take quick profits. If it doesn't drop, there could still be a rally, but it's best to wait for a pullback before entering.

It is undoubtedly bullish to look at the weekly and monthly pullbacks. The daily MACD shows a top divergence, with the fast and slow lines crossing. If the histogram continues to turn red, one should pay attention to the rebound. The EMA has been directly pinning and rebounding between EMA7 and EMA13, which is still quite strong, showing a decrease in volume.
Support: 95800—97800—100000
Pressure: 110000

Ether
The 4-hour ascending channel has broken, currently rebounding to test the channel resistance. If it can return inside the channel, the upward trend of the channel will continue.
In terms of altcoins: SOL, STX, DOGE, FLOKI, and SUSHI can be monitored.
Support: 2000—2268—2445
Pressure: 2856—3200#NXPC Launchpool #PPI数据公布 #稳定币立法