5.11 BTC, ETH Evening Analysis

The market is in a high-level sideways trend, will it break out of this range? It's a bit interesting, what do you all think? This time, Fu Gui is still supporting the bearish side. Since we are at this position, if you're not greedy, you can easily take some profits. The recent fluctuations have been too large, so everyone should operate cautiously.

Key Positions:

$BTC : Upper resistance levels to watch 105500 / 107000 / 108500 / 110000

Lower support levels to watch 103800 / 102500 / 101600 / 100000

$ETH : Upper resistance levels to watch 2670 / 2730 / 2850

Lower support levels to watch 2430 / 2375 / 2250 / 2150

Entry Point Strategy:

BTC: Short near 105500 Stop loss at 107000 Target at 102500

ETH: Short near 2600 Stop loss at 2680 Target at 2450

Risk-reward ratio of 2:1 is still quite good, you can give it a try.

Alright, that's all for today's content. Daily sharing of exclusive strategies and specific entry points. Friends without ideas can follow for daily references. Please give a like to help out, thank you friends #BTC #ETH