5.13 Initial Thoughts Analysis in the Early Morning

The evening market for Bitcoin has indeed been quite thrilling, with a deep correction probing the 102300 level. The waterfall effect of two thousand points was delivered as expected, expanding the daily range to over 3000 points, and a moment's inattention could lead to significant losses. From the current market perspective, the daily Bitcoin price has shown weakness in extending its upward movement, and the evening's correction is still within expectations. The current price comparison has gradually stabilized, with considerable oscillation and recovery, but the continuation strength still needs to be observed.

From the four-hour perspective, the Bollinger Bands are narrowing, and the trading volume is tending towards balance. After the market tested the lower band, it did not extend further, forming strong short-term support. In the early morning, we can focus on this line for potential rebound trades.

Bitcoin: 101900~102400, with an upward target of 105000.

Litecoin: 2440～2470, with an upward target of 2580. #BTC重返10万 #币圈暴富 #区块链 #以太坊ETF批准预期