5.7 Wednesday Bitcoin Ethereum Evening Analysis:
In the afternoon, Bitcoin rebounded from 96268, reaching a high of 97077; Ethereum rose simultaneously to 1846, with the afternoon long position strategy achieving expected profit margins.
Current coin prices are in a consolidation phase: the daily chart shows a combination of three red candles and a doji, releasing potential reversal signals. Multiple candlesticks have long upper shadows, indicating significant selling pressure above. The KDJ indicator is running in the overbought area, indicating a need for technical adjustment. It is crucial to pay attention to the guidance on market direction from the speech in the early morning. Before that, it is recommended to focus on shorting at high rebound levels in the evening.
Bitcoin: Short near 97000, look for 95500-96000. Ethereum: Short at 1840-1870, look for 1770-1800. #币圈