5.7 Bitcoin and Ethereum Strategy

Yesterday morning, the strategies for Bitcoin and Ethereum provided considerable profit potential. Bitcoin short at 94600, target 93500; Ethereum short at 1810, target 1755 with a stop profit target.

After reaching the stop profit target yesterday, Bitcoin experienced a strong rebound. Currently, from the 4-hour perspective, although this upward movement has broken the previous downward trend, the 12 o'clock closing shows a long upper shadow hanging man candlestick, and the K-line has already surged back into the upper Bollinger band. In the short term, the coin price is expected to pull back and adjust to the top of the lower support zone box before rebounding, with support levels to watch at 95500 and 95000. The attached indicator RSI is around 60, gradually moving out of the strong zone, and the KDJ indicator's three lines are starting to turn. Overall, in the short term, the focus is on shorting, and once reaching the lower 95500-95000 range, consider going long again. BTC154, free guidance.

Operational Thoughts:

BTC: Operate short near the current price of 96500, target 95500-95000. After reaching the target, flip to long, looking at 97000.

ETH: Short at the current price of around 1825, target near 1790, and flip to long at 1790. #美联储FOMC会议 $BTC $ETH