Morning Analysis on 5.14:
From a technical perspective, the current market is showing a pattern of shrinking volume consolidation. The MACD indicator's momentum bars are exhibiting a continuous convergence trend, with the distance between the fast and slow lines gradually narrowing, indicating a significant exhaustion of bullish momentum. In terms of the momentum system, the stochastic indicator KDJ has formed a standard bearish crossover signal in the high zone, with all three curves simultaneously turning downward and diverging; although the MACD double lines are still above the zero axis, the red momentum bars are showing a decreasing characteristic with each cycle, and the fast and slow lines are significantly sticking together, suggesting a potential technical correction in the short term.
Trading Suggestions: Short around 104500—105000 for Bitcoin, stop loss at 105500. Target around 103000—102000.
For Ethereum: Short around 2700, stop loss at 2740. Target around 2600. #BTC #比特币 #ETH #以太 #bnb
From a technical perspective, the current market is showing a pattern of shrinking volume consolidation. The MACD indicator's momentum bars are exhibiting a continuous convergence trend, with the distance between the fast and slow lines gradually narrowing, indicating a significant exhaustion of bullish momentum. In terms of the momentum system, the stochastic indicator KDJ has formed a standard bearish crossover signal in the high zone, with all three curves simultaneously turning downward and diverging; although the MACD double lines are still above the zero axis, the red momentum bars are showing a decreasing characteristic with each cycle, and the fast and slow lines are significantly sticking together, suggesting a potential technical correction in the short term.
Trading Suggestions: Short around 104500—105000 for Bitcoin, stop loss at 105500. Target around 103000—102000.
For Ethereum: Short around 2700, stop loss at 2740. Target around 2600. #BTC #比特币 #ETH #以太 #bnb
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BTC
103,251.83
-0.40%
ETH
2,580.91
+1.08%