5.14 Crypto Mr. Coin: Bitcoin (BTC) Market Analysis Reference

The price of Bitcoin is slowly rising during the day, currently returning to the area above 104,000. However, the resistance area above 105,000 has not been broken, so there is still a possibility of a downward adjustment under pressure. Therefore, do not chase the price if this area is not broken during the day.

From the daily chart, yesterday's price closed positively, recovering the previous day's decline. Currently, bullish sentiment is also warming up, and the high points are approaching the previous resistance area. The market is under pressure and in slight consolidation, but the situation is starting to improve. Mr. Coin believes that if the price stabilizes above 104,000 during the day, there is a chance to break the upper resistance area, continuing the upward trend to reach new highs.

Looking at the short-term four-hour chart, the Bollinger Bands are gradually narrowing, and the market has returned to the middle and upper band areas. Price fluctuations are weak and tend to consolidate, but the trend is above the five-day and ten-day moving averages. If it can stabilize, there is a chance for continued upward movement. However, there is strong resistance above, so while the short-term trend is biased upwards, the daily trading strategy still suggests focusing on buying on dips, with short positions as a supplement.

5.14 Bitcoin Short-term Reference:

Lightly held short position 105,000-106,000, stop loss at 107,800, target below 104,000 with a stop loss of 500,

Long position 102,000-103,000, stop loss 500, defend 100,500, target above 103,500,

5.14 Ethereum Short-term Reference:

Short position: 2,770-2,735, stop loss at 2,900, target below 2,690 with a stop loss of 50,

Long position: 2,600-2,550, stop loss 30 points, target above 2,660,

The article is sent with a delay, and the strategy suggestions are for reference only. Market conditions change rapidly; no matter how high the accuracy of market judgment, always manage profit-taking and stop-loss carefully to secure gains. #CPI数据来袭 #BTC #BTC走势分析 #ETH #ETH🔥🔥🔥🔥🔥🔥