Mufeng Looks at Trends: Analysis and Trading Suggestions for Bitcoin/Ethereum on the Evening of May 3rd

The market over the weekend has generally remained in a stable oscillation phase. During the holiday period, I personally suggest reducing trading frequency, controlling your hands, and avoiding frequent openings and turnovers. Currently, there are not many technical changes on the daily chart; the KDJ and MACD indicators are still trending upwards, but the trading volume has decreased, and the BOLL is still generally trending upwards. From the 12-hour perspective, the current KDJ and MACD have shown a technical change with a convergence at a high position turning downwards, but everyone should note that the main K has not shown strong bearish sentiment. The BOLL has shown a slight opening compared to yesterday, and the overall track is still oscillating upwards. Therefore, my personal view on the short-term market remains unchanged; the short-term trend is primarily sideways oscillation upwards. In terms of operation, I suggest continuing to accumulate long positions in batches on pullbacks, specific points of reference can be:

BTC: Long at 95800-95300, target 98000

ETH: Long near 1820-1800, target 1880

The above is my personal trading suggestion for the evening. Market conditions change rapidly, and the article may have a certain lag. Specific operations should be based on real-time guidance. If you have any questions, feel free to consult. #BTC走势分析 #ETH