Tonight, three important indicators will be released: April Non-Farm Employment Change (ADP), March Core PCE, and Q1 GDP. If there are negative signals, the target still looks relatively optimistic.
From the one-hour chart of Bitcoin, the Bollinger Bands show that the price is struggling to break through the upper band, and the bands are gradually narrowing, indicating insufficient upward momentum for bulls. The KDJ indicator shows a death cross trend near the overbought zone, indicating that short-term bullish strength is being released. The MACD indicator's red bars are gradually shortening, suggesting that bullish energy is waning, and the DIF line may cross below the DEA line to form a death cross. If it does not break and stabilize above 960, it's still advisable to remain cautious and set proper stop-loss levels.
Evening Trading Strategy - Short Bitcoin around 953-958, continue to look for a drop towards 935. If it breaks, further down to 918. - Short Ethereum around 183-185, continue to look for a drop towards 1780, if it breaks, further down to 1720. This personal suggestion is for reference only $BTC $ETH #币安Alpha上新
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