• A breakout and hold above 2,450 opens the way to 2,500–2,650.
• A consolidation above 2 650 ( without a pullback below ) will accelerate growth to 2 750–3 000.
❌ Bearish trend:
• Holding below 2,450 will increase pressure on supports 2,375 → 2,323.
• A breakout of 2,323 will shift the focus to 2,270 → 2,100.
💡 Trading recommendation:
• Buy near 2,375 / 2,323, stop-loss below 2,323.
Long-term forecast: Growth is likely if the price is maintained above 2,100.
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▎3. Fundamental Analysis of Ethereum
🔹 Golden Cross: The 50-day SMA has crossed the 200-day SMA, signaling a strong upward trend. 🔹 Institutional support: ETH remains above $2,400 after April lows, and institutional accumulation is accelerating.
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Result:
• BTC: Key zone — 104,000–105,980. Trade bounces from support or breakouts from resistance.
• ETH: Focus on 2,450–2,650. Golden Cross and institutional demand support the growth.
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▎Cryptocurrency market analysis: trading strategies for Bitcoin and Ethereum
Date: May 19, 2025, Monday
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▎1. Bitcoin (BTC): intraday trading
▎Key levels:
• Support: 104,000 points
• Resistance: 105,980 → 106,200 → 108,600 → 109,500 points
▎Scenarios:
✅ Bullish trend:
• Holding the price above 104,000 paves the way for testing 105,980.
• Breaking through this level shifts the focus to 106,200–109,500.
❌ Bearish trend:
• If the price settles below 105,980 in the evening, a pullback to 104,000 is possible.
• Breaking this support will lead to testing 102,500 → 101,400 → 99,000 → 97,900.
💡 Trading recommendation:
• Buy near 104,000, stop-loss 103,900.
• When breaking down 104,000 — consider selling.
Long-term forecast:
A strong rise is possible only by keeping the price above 97,900.
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▎2. Ethereum (ETH): intraday trading
▎Key levels:
• Support: 2,375 → 2,323 → 2,270 → 2,100
• Resistance: 2,450 → 2,500 → 2,650 ( reversal level ) → 2,750 → 3,000
▎Scenarios:
✅ Bullish trend:
• A breakout and hold above 2,450 opens the way to 2,500–2,650.
• A consolidation above 2 650 ( without a pullback below ) will accelerate growth to 2 750–3 000.
❌ Bearish trend:
• Holding below 2,450 will increase pressure on supports 2,375 → 2,323.
• A breakout of 2,323 will shift the focus to 2,270 → 2,100.
💡 Trading recommendation:
• Buy near 2,375 / 2,323, stop-loss below 2,323.
Long-term forecast:
Growth is likely if the price is maintained above 2,100.
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▎3. Fundamental Analysis of Ethereum
🔹 Golden Cross: The 50-day SMA has crossed the 200-day SMA, signaling a strong upward trend.
🔹 Institutional support: ETH remains above $2,400 after April lows, and institutional accumulation is accelerating.
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Result:
• BTC: Key zone — 104,000–105,980. Trade bounces from support or breakouts from resistance.
• ETH: Focus on 2,450–2,650. Golden Cross and institutional demand support the growth.
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