5.10 Cryptocurrency Morning Market Analysis, Is It the Countdown to the End for Bulls?
Mainly Long Positions at Low Levels, I Took Fans into the Market at 2283 Last Night, Also Making a Move
This kind of market is often the easiest to get carried away and also the easiest to make money
On the daily chart, the overall structure leans towards bullish, with a large green candle followed by a small red candle for a pullback, though the strength is relatively weak, but the upper levels are showing signs of stagnation.
On the 4-hour chart, the second attempt to reach a high has not been sustained, with fluctuations and adjustments within the range alternating between red and green candles. Continuous attempts to reach higher levels are being blocked, indicating strong upward pressure, which means there is a risk of a pullback. Avoid chasing long positions at high levels, and today's morning operation still recommends focusing on long positions at lower levels.
