Cryptocurrency Li Ying: 5.14 Bitcoin Bullish Engulfing Pattern Takes Shape! How Should Newbies Position Themselves? Latest Market Analysis
Cryptocurrency Li Ying: Latest Market Analysis for Bitcoin on 5.14
Article Published on 2025.5.14—01:00 AM
Current Bitcoin Price 104200, all that can be said is congratulations, Li Ying's insights have once again been validated, no need to review, let's look at the current market. Li Ying first analyzes the K-line, which is currently in a high-level consolidation trend. In the short term, the market is in a potential rebound phase, with the MACD indicator showing a golden cross and the bullish engulfing pattern suggesting a possible increase in upward momentum. However, the top reversal and doji patterns, along with not breaking through previous highs, may hinder the rebound, which we need to pay attention to.
Therefore, Li Ying recommends that short-term traders consider chasing the price after it breaks through the previous high while keeping an eye on moving average support levels like MA(30) to determine stop-loss points. For medium to long-term investors, they should observe changes in trading volume and further strong signals from the MACD indicator to confirm the sustainability of market sentiment. Additionally, closely monitor key support and resistance levels to ensure operations are within a controllable risk range; safety first at all times.
Technical Analysis: Li Ying finds that the K-line patterns of three rising soldiers and the bullish engulfing pattern indicate short-term upward momentum, but the doji and dark cloud cover may suggest upward resistance. The short-term MA7 is running above the price, showing strong recent upward momentum, and the price has not fallen below MA30, indicating support strength. MACD upward momentum is strengthening, and the bullish trend continues; the strategy remains unchanged, primarily bullish, and will consider short positions only after breaking previous highs, not considering them for now.
Today's Li Ying Point Prediction
Long Entry Point 102500, 102000 add to long, stop 500 points, target 104500
Short Entry Point 105500, 105800 add to short, stop 500 points, target 103500
The above analysis is based on market data and trend analysis from Li Ying and does not constitute investment advice. For family reference. $BTC
