Mu Feng Looks at Trends: Bitcoin/Ethereum Retracement Trading Strategy Exceeds Expectations and Reaches Target Profit

Maple looks at the trend: 5.7 Bitcoin/Ethereum market analysis with trading suggestions

The morning market welcomed a bullish surge, with Bitcoin/Ethereum's short-term prices rising all the way, which is generally consistent with our analysis from yesterday. The long position target given during the day just reached above 97000 and near 1850. Currently, the short-term support has completed its downward probe, and the subsequent situation needs to be judged based on whether the resistance level can be effectively broken. From a technical perspective, after the price surged in the morning, the overall trend is currently leaning towards a consolidation adjustment. The current KDJ bottom gold cross is moving upwards at the 12-hour level, and the price continues to test the rebound volume in the BOLL. The market is currently in a technical adjustment period after hitting the bottom, and the rebound sentiment will not end so quickly. Personally, I expect the market trend to mainly lean towards a slight upward fluctuation. In terms of operations, the strategy is primarily to buy on dips, with specific levels to refer to:

BTC: 95800-95300 to buy, target 98000

ETH: Buy near 1810-1790, target 1870

The above is my personal intraday trading suggestion. Market conditions change rapidly, and the article may have some lag. Specific operations should be based on real-time guidance. If there are any questions, feel free to consult. #BTC走势分析 #ETH