Good news is frequent, everyone is cautious to kill the fall, and the day retracement ambush is long! 5.29 Flatbread Aunt Thoughts

Old Ma officially announced his departure from the Trump administration, while thanking it for the opportunity to reduce government spending. On Wednesday local time, the International Trade Court in New York halted the "Liberation Day" tariff policy planned by the President, ruling that the President's action of imposing comprehensive tariffs on countries exporting more to the U.S. than importing without congressional authorization is an overreach of power. This means that most tariffs will be suspended. Yesterday at midnight, I predicted that the price would break 107000, and this morning it has already come true. I believe that friends who followed and went short have reaped significant rewards! However, this morning, due to favourable information, there has been a rebound, and U.S. stock futures are currently rebounding significantly; everyone should be cautious with their sell with bearish market!

From a technical perspective, the daily chart shows two consecutive bearish candles, but this morning's closing line has a long lower shadow. The Bollinger Bands are trending upward, the KDJ has formed a death cross and is diverging downwards for the second time, and the MACD lines are also diverging. Trading volume is gradually increasing, indicating that the daily chart is bearish. However, there has been a continuous inflow of funds into the spot ETF market recently, so everyone should be cautious about selling with the bearish market! The resistance levels to watch above are 110500, 111000, 112000, and 1130000, while the support levels below are 107900, 107000, 106500, 106000, 105000, and 104000.

5.29 BTC trading strategy: Aggressive traders should enter long positions on a pullback to 106300-106800, while conservative traders should enter around 105500-106000, with a stop loss near 105000. The targets are around 107500-108000-108500-109000, with a breakout target of around 110000-110500-111000.

5.29 ETH operational strategy: Aggressive traders enter long positions on a pullback to 2600-2630, while conservative traders enter at 2550-2570, with a stop loss around 2530. The target is set at around 2700-2730, with a breakout target of 2750-2780-2800. Continue to adjust the stop loss and take profit based on market conditions!

Short selling strategy: BTC intraday rebound to 110,000-110,500, short one contract, stop loss at 111,300, target around 109,000-108,000, adjust stop loss to protect profit based on the situation!

Pay attention to the gains and losses around the previous high of 2730 for ETH during the day. A breakout will open up space above, otherwise, it will continue to retreat! Therefore, short one position around 2730 during the day, with a stop loss at 2750, targeting around 2650-2630, and if it breaks, look for around 2600-2580.

The spot ETF has seen net inflows for several consecutive days recently, but in reality, the purchasing power remains relatively low, and only BlackRock's investors can support five-digit buying volumes. Now it depends on whether the tariff case can boost the trend! Although most tariffs have been suspended, the Trump administration has submitted an appeal notice, and the final court ruling or appeal results in the future could reintroduce uncertainty. #Gate 荣获 “2025 年度最佳加密货币交易所”大奖 #比特币2025大会开启 #特朗普集团比特币财库