5.6 Big Pie Ethereum Outlook

51 The holiday is over, officially returning to guidance work. Currently, from the perspective of the long-term daily chart, the K-line price is operating below the 5-day and 10-day moving averages, and the 5-day moving average has started to turn down. The MACD indicator has just formed a death cross at a high position, and the green momentum bars have begun to increase. The KDJ indicator shows a divergence of the three lines downward. Overall, the daily chart presents a bearish situation.

Looking at the short-term 1-hour chart, at 11 o'clock the 1-hour chart closed, forming a small bullish candle with a long lower shadow, a hammer line. The K-line is close to the middle track of the Bollinger Bands, which will definitely provide some rebound for the upcoming trend. Currently, the coin price is 94300, and it is expected to rebound to the 94600-94700 range. Overall, we can short based on the major trend rebound. During the day, wait for the rebound to the 94600 range to open a short position, with initial support seen at 93500 and 93000, which has strong support. If it breaks below 93000, continue to chase shorts towards 92000 V. BTC154 offers free signals.

Operation Strategy:

BTC: Wait for a rebound to the 94600 range to open a short position, targeting the 93500 range. If the coin price breaks below 93000, continue to chase shorts, targeting the 92000 range.

ETH: Short around 1810, targeting the 1765 range. #Strategy增持比特币 $BTC $ETH