May 6th, Tuesday Hongding Trading Strategy:

The May Day holiday is over, and I wonder how everyone fared. Last week, the price rose from 92,700 to 97,800, a 5,000-point increase, before dropping back to around 93,400. It rose and then fell back, currently oscillating above 94. This week, we need to focus on the two points of 925 and 915.

Currently, the position to watch is 952. If it rebounds without breaking, we can consider going short; if it breaks through, we can follow the trend and go long. Today, just focus on 952. When approaching resistance, choose to go short first, with a stop loss of 500 points. Below, pay attention to 934-935. The entry point for long positions can be around 930 to buy, with a stop loss at 925, and a target in the 940-945 range!

Before the US market opens, you can follow this strategy. I will notify everyone if there are any changes once the US market opens. See you at the live broadcast at 9 PM!

I won't say much about Ethereum; we can synchronize based on the Bitcoin price points. The holiday is over, and we need to return to normal. See you in the evening live broadcast!!! $BTC