Crypto Circle Li Ying: The Bitcoin Cloud Cover Pattern Emerges on 5.11! The Bull-Bear Battle is About to Ignite! Latest Market Analysis
Crypto Circle Li Ying: Latest Market Analysis of Bitcoin on 5.11
Article Release Time: 2025.5.11—01:00
Current Bitcoin Price: 103300, the market is consolidating at a high position, Li Ying's target of 104000 has been reached, so today I will provide an overall analysis for everyone, hoping it will be helpful. Firstly, in the short term, although there is a strong buying force in the overall market, the bullish momentum is weakening, which may lead to price consolidation or a short-term correction phase. It is necessary to pay attention to whether a head and shoulders top pattern will be confirmed, which may intensify short-term adjustment pressure.
Li Ying suggests that given the market is at a possible technical adjustment stage, it is advisable to remain cautious at this stage, adopting a wait-and-see attitude or gradually locking in some profits. The short-term upward momentum is weakening, and possible resistance is in the dense area above 104000, so proper position management and risk control are essential. Pay attention to the subsequent changes in bull and bear forces. If the market gathers upward momentum again, then buy power can be increased according to the specific pattern confirmation. At this time, focus more on market directional signals and potential pattern evolution.
From a technical perspective, Li Ying finds that the candlestick pattern Cloud Cover indicates that the price may reverse downwards after forming at a recent high; the spinning top pattern indicates that market momentum is weakening, which usually appears during a consolidation period. The MACD bullish momentum may turn into an adjustment after strengthening, and the Bollinger Bands show strong upward momentum, but caution is needed for a pullback after volatility expands. In terms of thinking, Li Ying maintains a positive and optimistic attitude, choosing to be prepared for both scenarios, so as not to miss too many opportunities.
Today's Li Ying Point Predictions
Long Entry Point: 101000, 100000 to add long, Stop Loss: 500 points, Target: 104000
Short Entry Point: 104000, 105000 to add short, Stop Loss: 500 points, Target: 101000
The above analysis is based on market data and trend analysis of the order book by Li Ying and does not constitute investment advice. For family reference: $BTC