On May 22, Bitcoin has once again broken through a new high after four months, while Ethereum ultimately tends to be flat.

CN
5 hours ago

Crypto Circle News

May 22 Hot Topics:

1. Canary Digital updates Solana ETF application documents, modifies product name

2. Solana Mobile announces Seeker device with trustless architecture and native token SKR

3. ZachXBT: Coinbase data leak hacker on-chain provocation, suspected of laundering $42.5 million

4. Former FOX reporter: The "GENIUS Act" has passed the motion for a vote and entered the amendment process

5. VanEck to launch a private fund focused on the Avalanche ecosystem, concentrating on long-term token utility projects

Trading Insights

Bitcoin hits a new high! But are you losing? Losing everything? Why? Take a good look at the following 9 iron rules! 1. Avoid the impulse to chase prices; don’t be envious of price surges. 2. New standard for value judgment: only recognize buying points, not coins! Major buying points are the real performers; the rest are trash. 3. Fatal mindset: knowing it’s not a buying point but still feeling itchy? This gambler's mentality, if not cured, makes technical knowledge useless. 4. Ironclad trading principles: abandon coin faith, only trust buying and selling signals! Both rises and falls are tools. 5. Failure review rule: don’t blame the market for operational mistakes! Summarize where you went wrong immediately, or risk losing everything. 6. Mindset advancement formula: relying solely on luck is giving away money! Wise technical judgment is the foundation for guaranteed profits. 7. Wolf-like trading philosophy: the amount of capital doesn’t matter! Precise timing in buying and selling can turn small funds into hunters. 8. Capital management red line: don’t get carried away in trading! Holding cash always provides opportunities; chasing highs and cutting lows will lead to disaster. 9. The harsh truth of market survival: making money by luck is poison! Without a complete transformation to adapt to the rules, you will ultimately be consumed by the market. The crypto circle is a hell of risks! Strictly follow the above iron rules to protect your capital amidst the bloodbath; otherwise, you will become a market sacrifice!

LIFE IS LIKE

A JOURNEY ▲

Below are the real trading signals from the Big White Community this week. Congratulations to the friends who followed along; if your trades are not going well, you can come and test the waters.

The data is real, and each trade has a screenshot from the time it was sent.

**Search for the public account: *Big White Talks Coins*

BTC

Analysis

Bitcoin's daily line rose from a low of around 106,050 yesterday to a high of around 110,800, closing around 109,600. The support level is around 110,000; if it breaks, it could drop to around 107,050. A pullback can be bought near this level. The upper target can look for a new high again. MACD shows bullish momentum. The four-hour support level is around 109,350; if it breaks, it could drop to around 108,000. A pullback can be bought near this level. MACD shows bullish momentum.

ETH

Analysis

Ethereum's daily line rose from a low of around 2,450 yesterday to a high of around 2,615, closing around 2,550. The support level is near MA14; if it breaks, it could drop to around 2,485. A pullback can be bought near this level. The upper resistance is near MA200; if it breaks, it could look towards the MA360 yearly line. A rebound near this level can be sold short. MACD shows a decrease in bullish momentum with dual lines converging. The four-hour support level is near the MA7 moving average; if it breaks, it could drop to around MA60. A pullback can be bought near this level. MACD shows bullish momentum.

Disclaimer: The above content is personal opinion and for reference only! It does not constitute specific operational advice and does not bear legal responsibility. Market conditions change rapidly, and the article has a certain lag; if you have any questions, feel free to consult.

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