5.13 Initial Thoughts Analysis in the Early Morning
The evening's major market is indeed quite thrilling, with a significant pullback probing the 102300 level. The waterfall of two thousand points came suddenly, widening the daily volatility to over 3000 points. If one is not careful, it's easy to incur losses across the board. From the current market perspective, the major market's upward movement shows weakness in continuation, and the evening's pullback is still within expectations. The current price ratio has gradually stabilized, with considerable fluctuations causing some recovery, but the continuation strength still requires observation.
From the four-hour level view, the Bollinger Bands are narrowing, and the volume is tending towards balance. After testing the lower band, it has not extended further, forming strong short-term support. In the early morning, we can focus on this line to catch rebounds.
Major Market: 101900~102400, with a target of 105000.
Secondary Market: 2440~2470, with a target of 2580. #BTC重返10万 #区块链 #以太坊ETF批准预期 #币圈 $BTC