5.12 Early Morning Thought Analysis

From the current market perspective, the two bearish candles engulfing one bullish candle on the four-hour chart indicates a short-term bearish trend, but the contraction of the Bollinger Bands and the upward slope of the middle line create a conflicting signal, necessitating caution against false breakout risks. The MACD is above the zero line, but the momentum bars may shrink; if the fast and slow lines form a death cross, caution is needed for a pullback. In the early morning, pay close attention to whether the price can continue to hold above the middle line. On the one-hour chart, there has been a retracement below the middle line, but the low points are rising, reflecting the strength of the bulls' control. It is necessary to observe whether the rebound is accompanied by an increase in trading volume to confirm the end of the correction. In the early morning, Qianyu suggested a low entry high absorption strategy, providing opportunities for both long and short positions.

Monday Early Morning Suggestion:

For Bitcoin, consider going long near 103300-103700, targeting around 104500-105000.

For Ethereum, consider going long near 2440-2470, targeting around 2550. #BTC重返10万 #币圈暴富 #区块链 #以太坊ETF批准预期 #比特币走势分析