5.8 Wednesday Morning Analysis and Suggestions

The news in the early morning has little impact on the overall trend. As it stands, the price of the coin is still operating within the range mentioned earlier, currently approaching the resistance level of 97800. Although Bitcoin is continuously testing upwards, breaking through this level is a completely different matter. Therefore, we will adhere to our usual approach of shorting near the resistance level and waiting for a decline under pressure. If it breaks through, we can chase long positions; we are ready to attack or defend.

Operational Suggestions

Bitcoin in the range of 97300-97600, pay attention to the range of 96500-96000

Ethereum in the range of 1830-1840, watch the range of 1805-1790