Evening Trading Strategy for Sunday, May 4
From a technical analysis perspective, the MACD indicator currently maintains a golden cross state, indicating that the bullish trend is still ongoing, and bullish momentum remains present in the market. However, switching to a four-hour timeframe, the MACD histogram, while staying above the zero line, shows a gradually narrowing length. This change suggests that although the bulls still dominate, the upward momentum is exhibiting signs of marginal decline, and the subsequent market movement may face some uncertainties.
Based on the above technical characteristics, the evening trading recommendation is to adopt a high-short strategy. The specific points are as follows:
- Bitcoin: When the price reaches the range of 95800 - 96300, short positions can be established, with a target price aimed at 94500.
- Ether: It is suitable to short in the range of 1835 - 1855, with a target price of 1750.
The above strategies are for reference only! #加密市场反弹