$ETH Jin Dachuan This Week's Bitcoin Ethereum Trend Analysis and Strategy

​Last week's market surged above 100,000, and now it seems to be the calm after the storm, but it’s far from over. Do you think the panic selling is finished? Perhaps there is still another wave of panic to come, followed by a significant downturn! And these two groups of people might be the same ones. Dachuan hopes you are not one of them; the upcoming operations must be cautious.

Since the Bitcoin price is still above the average line, and there have been consecutive large bullish candles, the bullish power remains. If it can break through the recent resistance level of 105,000, it may open up further upward space towards 110,000; if it cannot break through, it may oscillate within the current price range, or even see a significant pullback due to weakening upward momentum, approaching the support level.

Jin Dachuan 5.12 Bitcoin Recommendation

102,300-103,200 bullish, defending below 101,800, target 104,000-105,000, continue to look towards 106,500.

If it does not break through 105,000, then 105,000-104,300 bearish, defending above 105,500, target 103,400-102,500.

Jin Dachuan 5.12 Ethereum Recommendation

2420-2480 bullish, defending below 2390, target 2560-2650, continue to look towards 2730.

If it does not break through 2750, then 2750-2680 bearish, defending above 2780, target 2600-2520.

​The above analysis and strategies are for reference only. Please bear the risks yourself. The article review and publication may be delayed, and the strategies may not be timely. Specific operations should follow Dachuan's real-time strategies.