🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts!
Grasp the trends in the crypto world and master the entry points for trading.
Follow me: I will share practical insights from the crypto world, delve into market trends, and achieve wealth growth.
Sunday, May 18, 2025
Bitcoin and Ethereum Intraday Trading Strategies:
Continue to pay attention to the upper resistance levels of 103700 points, and around 104500 to 105000 points during the day for Bitcoin. Only an effective upward breakthrough of 105000 points that does not break after a retest will lead to a continued upward trend. The upper resistance level is around 105800 points, and after breaking through, focus on the resistance levels around 106200 and 108600 points.
If it can effectively remain below the resistance level of 103700 points during the day, it will continue to trend downward. The first support levels to watch are 102500 points, 101400 points, and around 10700 points. If it can effectively maintain above 100700 points, it will continue to rebound upwards. If it breaks down, focus on the support levels of 99000 points and around 97900 points.
If it can effectively maintain above 97900 points in the later stage, there will be a strong upward trend.
"Daily Trading Recommendations for Bitcoin: Short positions should be taken near resistance levels of 103700, 104500 to 105000 points, with a stop loss above 105000 points. Long positions should be primarily taken near support levels of 102500, 101400, 100700 points, with a stop loss below 100700 points."
♥♥♥♥♥♥
The Ethereum intraday initially focuses on the support level around 2446 points. If it can effectively maintain above the support level of 2446 points, there will be an upward rebound trend. The upper pressure level is focused on 2515 points. After effectively breaking through 2515 points upwards, attention will be paid to the pressure levels of 2550 points, 2600 points, 2620 points, and the "Bull-Bear Reversal Level of 2650 points" nearby. Only if it can effectively break through 2650 points upwards and retest without breaking will it continue to trend upwards. After the breakout, the upper pressure levels to focus on are 2750 points, 2860 points, and around 3000 points.
If it continues to effectively stay below the resistance level of 2515 points during the day, there will be a continued downward retracement trend. The support levels to watch below are 2446 points and around 2410 points. If it can effectively stay above 2410 points, there will still be an upward rebound trend. If it breaks below, the support levels to watch below are 2270 points and around 2100 points.
If it can effectively maintain above 2100 points in the later stage, there will be a strong upward trend.
"Ethereum intraday trading advice: Short near the resistance level of 2650 points and below 2620, with a stop-loss above 2660 points. Short near the resistance level of 2600 points and around 2550 points, with a stop-loss above 2600 points. ♥ Focus on going long near the support levels of 2450 points and above 2410 points, with a stop-loss below 2400 points."