Maple looks at the trend: 5.12 Bitcoin/Ethereum early morning market analysis with operational suggestions

From a daily perspective, both Bitcoin and Ethereum's current KDJ, MACD, and BOLL are still in a continuous upward phase. However, the upper BOLL band has weakened its upward opening compared to yesterday, indicating that prolonged breaking has led to resistance in upward space. In the main chart, the three-day moving averages are continuously in a bullish arrangement, but there is a significant gap between the coin price and MA5. On the 12-hour level, the current MA5's upward range has reduced compared to yesterday, and the KDJ and MACD are slightly reducing in bullish momentum. This indicates that there is strong resistance at a high point in the short term. Therefore, regarding the short-term outlook, I personally expect the market to undergo a technical pullback adjustment. The previous week's increase was indeed too strong, and if there is no early adjustment, today's weekly update of the weekly K chart will also show a significant gap. After all, no market can rise mindlessly without adjustments to accumulate strength. Therefore, the operational approach can initially treat rebounds as shorting opportunities, with specific points for reference:

BTC: 104500-105000 short, target 102500

ETH: short near 2510-2540, target 2430

The above are my personal operational suggestions for the early morning. Market conditions change rapidly, and this article has a certain lag; specific operations should rely on real-time guidance. If you have any questions, feel free to consult. #BTC走势分析 #ETH