Daily Market Analysis in the Cryptocurrency Sphere (5.5)

Summary:

The pink daily line rebound that started at 74457-97800 is likely already finished or close to finishing. The condition for confirming the end is a drop below 91000. If the price stays above 91000, there is still a possibility of reaching 99000. If 91000 is broken directly, then the rebound is over, and a new daily line pullback will occur. If it cannot surpass 99000, there is a possibility of a new low. The final target for the new daily line pullback is 84000, 71000. The upper pressure during the day is at 96300, and the lower support is at 92500, 91500. Currently, the 4-hour level has formed a double central trend divergence structure, so the pullback will inevitably return to the center. A few days ago, it was mentioned that several indicators are severely diverging in the current high-level fluctuations, so be cautious about going long. There will be a sharp decline in May, at least dropping to around 84000. Additionally, the short position at 97000 that was suggested in the group the day before yesterday can continue to be held. For those who haven't joined the group, the pinned article on the homepage can be accessed by clicking the yellow text directly, according to the second image group entrance. Liking, commenting, and sharing is the greatest support for me.