Price Trends - Ethereum (ETH) is currently priced at approximately $2,521, reflecting a 5.11% increase from the previous day, with a monthly gain of 40.48%, although it remains down 24.63% year-to-date compared to its all-time high in November 2021 [3] - Bitcoin (BTC) is trading around $105,614, up 0.75% from the previous day, with a daily trading range of $103,100 to $106,200. It is currently testing the significant psychological resistance level of $106,600, which coincides with a supply cluster of approximately 31,000 BTC [4] Market Catalysts and On-Chain Data - The SEC's regulatory stance is shifting towards supporting innovation in the crypto space, as indicated by SEC Chairman Paul Atkins' recent comments. This is expected to positively impact the overall cryptocurrency market [4] - Institutional buying remains strong, with Strategy increasing its Bitcoin holdings by 7,390 BTC at an average price of $103,498, totaling approximately $764.9 million, indicating robust interest from large institutional investors [4] - The correlation between Bitcoin and gold has decreased to -0.54 over the past 30 days, suggesting Bitcoin is developing an independent price trajectory [4] Operational Strategies - For Bitcoin, a light long position can be considered if the price effectively breaks through the $106,600 resistance and stabilizes above it for at least 4 hours, with a target price of $110,000 and a stop-loss set below $105,000 [4] - For Ethereum, a buy zone is identified below $2,400, with a mid-term target of $3,000 and a long-term target of $4,000. A stop-loss is recommended below $2,300, which is a significant technical support level [8] - The macroeconomic environment is supportive, with indications from the New York Fed suggesting potential interest rate cuts, which could benefit risk assets including cryptocurrencies [8] Key Events and Indicators - The market is closely monitoring Bitcoin's ability to break the $106,600 resistance and upcoming statements from Federal Reserve officials regarding interest rate policies, which could influence market sentiment [10] - The recent performance of the S&P 500 index, which rose by 1.2%, reflects improved risk appetite, providing a positive external environment for the cryptocurrency market [8] - Significant trading volume for ETH/USDT has surged to $12.3 billion in the past 24 hours, indicating heightened market interest and buying intent [8]
2025年5月20日比特币与以太坊每日行情分析与操作策略
Sou Hu Cai Jing·2025-05-20 02:14