5.6 Tuesday Zhiming Morning Analysis and Suggestions
Looking at the market, Bitcoin's daily chart has turned bullish again. Currently, the bulls have a slight advantage. The price has been stretching, hovering around 95000, and has reached the upper level of the four-hour downward channel. This is a classic structure, and in such cases, we generally maintain our stance and treat it as unchanged. If the price breaks the upper horizontal resistance and stabilizes, it wouldn't be too late to go long.
Zhiming's Suggestions
Bitcoin range around 95300-95600, looking at 94200-93500
Ethereum range around 1850-1870, looking at 1810-1790
