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Market analysis for BTC/ETH on May 13, 2025 at 8:58 AM
On this night, the market wiped out 4.6 billion CNY, with 213,159 people going bankrupt to zero. This night was comparable to the recent liquidity raid that broke through the 100,000 mark in one go. Last night, the lowest price for BTC was 10,700, and the first low buy position was 10,1250. Currently, the highest rebound is 10,308, creating a space of 1,800 dollars, hitting 2 take-profit targets. The lowest price for ETH was 2,405, just 2 dollars short of hitting the second low buy position, and it hit the first low buy position at 2,450. The highest rebound in the early session was 2,500, which is enough to take profit. Sometimes, don't exhaust yourself too much. When the market is unpredictable, it might be better to simply execute!
BTC attention
Support 99150/97250/93911
The pressure is temporarily set at 103300
Last night it fell short by 700 dollars testing the 100,000 integer mark, today the focus will be whether it will test again!
ETH Attention
Support 2343/2285/2212
Pressure temporarily set at 2585
Today, we should focus on whether the long-standing level of 2403 will be revisited and how strong the pullback will be.
In terms of operation: Last night's pullback, although the strength was average, was just around the position where we placed our orders, but it gave the bears a lot of hope. If today's intraday rebound is weak, the number of bears who should jump in will gradually increase!
Don't always think about making a big profit; you should consider how to control risks while maximizing your gains!
The profit and loss ratio is not only the profit and loss ratio of support and resistance levels, but also the profit and loss ratio of capital utilization!
Currently, the plan for intraday is to look for opportunities to buy on dips, checking the strength of the rally to see if there are any short opportunities. This is a moment where both bullish and bearish actions can be taken!
#GT#