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The whole market strengthened again. Daily analysis-2020/05/27

HTX:BTCUSDT   Bitcoin / Tether USD


The whole market strengthened again, and the ETH outperformed the ETC to maintain the rising momentum. In the 1-hour k-line, BTC began to rush $9000, MACD index shows a gold cross, and successfully broke through the zero axis suppression which indicates that the short-term bulls began to actively counterattack and have a positive desire to do long, pay attention to whether the $9000 pressure level can effectively breakthrough, once the daily level will complete a reverse trend, the market will be actively bullish.

ETH performed strong, on the 1-hour level trend it successful breakthrough the pressure line and the longs began to actively attack, MACD index also broke through zero axis, the average gradually shows the golden cross. Pay attention to the $206 and focus on whether it can break through, Buy in at low around $204.

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