Analyst Chen Shu: 5.14 Afternoon Bitcoin and Ethereum Market Analysis Strategy, High Position Fluctuation Continues to Pull Back for Bullish Outlook
From the daily chart, Bitcoin closed yesterday with a red candlestick with upper and lower shadows, maintaining its price at the daily MA5 moving average level. As long as it does not break below the MA10 moving average at around 10.15, it is still treated as bullish. The short-term support level is at around 10.35; a pullback to this level can be considered for a bullish position.
From the daily perspective, Ethereum closed yesterday with a large bullish candlestick that pierced through the daily MA256 moving average pressure. Pay attention to whether it can hold above this level at 2650 during the day. If it can hold, it will continue to release bullish momentum upwards. For pullback support, focus on 2560.
Afternoon Operation Ideas (Drafting Time: 13:30):
BTC: Long at 10.35, add more at 10.26, target 10.4/10.45; consider short positions around 10.5/10.6
ETH: Long at 2650, add more at 2550, target 2700/2750; short positions synchronized with Bitcoin
Daily analysis strategy has a very high win rate! Analysis is not easy; I hope everyone can give a free follow, bookmark, like, and comment. Thank you all, and feel free to leave messages for discussion below; I will reply one by one! $BTC
