Cryptocurrency Li Ying: 5.3 Bitcoin and Ethereum fluctuate upwards without reversal signals? Short selling risks! Latest market analysis
Cryptocurrency Li Ying: Latest market analysis for Bitcoin on 5.3
Article published on 2025.5.3—01:00 AM
Current price of Bitcoin is 97500, bullish trend continues, pullbacks to long are the main theme, the temporary main line of thought is to go with the trend together with Li Ying, following the upward trend, currently the market K-line shows an upward fluctuation trend, forming multiple higher low points. The market buying pressure in the 4-hour timeframe is relatively strong. The technical indicator MACD is in an upward momentum, EMA shows a bullish arrangement, short-term moving averages are above long-term moving averages, supporting the upward trend. Based on all indicators, there are no reversal signals, so be cautious about short selling, mainly focusing on buying on pullbacks to support.
Today's points prediction from Li Ying
Long entry point 96000, add long at 95000, stop at 500 points, target 98000
Short entry point 98500, add short at 99000, stop at 500 points, target 96500
Ethereum analysis
Current price of Ethereum is 1860, K-line fluctuates around 1850, forming a small consolidation pattern. Previously, there was a strong upward trend from 1793 to 1873, but subsequently, Li Ying noticed that the market entered an adjustment phase. The technical indicator MACD shows gradually increasing bullish strength, indicating that it is still in a bullish market. EMA shows a bullish arrangement, short-term moving averages are above long-term moving averages, Li Ying supports continuing to be bullish, with the thought process mainly focusing on buying on pullbacks to support.
Today's latest point references
Long entry point 1810, add at 1790, stop at 30 points, target 1870
Short entry point 1900, add short at 1920, stop at 30 points, target 1800
The above analysis is concluded by Li Ying based on market data and trend analysis of the order book, and does not constitute investment advice. For family reference $BTC