5.1 Thursday, Latest Bitcoin Market Analysis

Saying goodbye to April and hello to May! Recently, Bitcoin and Ethereum have been circulating within a range, making this market really comfortable for trading. High selling and low buying back and forth, including Ethereum. Although the space isn't particularly large, it can easily double with accumulation!

Overnight, the coin price reached a high of around 94,700. Currently, it has retraced to around 94,200. The 4-hour candlestick chart shows a significant downward spike that penetrated the EMA120 and MA220 support levels, forming a long lower shadow. The current candlestick is positioned above the MA60 and is aiming to rebound. In the short term, as long as it doesn't break the low point from last night's spike, it will continue to trend upwards! Therefore, for short-term operations, we can continue to buy on the pullback!

BTC: 93,000-93,500 buy, target 95,500-96,000 #币安Alpha上新 #空投防骗手册 #特朗普就职百日 #SEC推迟多个现货ETF审批 5525626239317930313741278594694352536686391