Evening Strategy for May 14: The Bullish Trend Remains, Continue to Buy on Dips.
The intraday trend shows a strong pattern overall, although there have been two rounds of pullback adjustments during the session, the price has consistently held above the support level of 102000, repeatedly launching upward offensives during the tests. This is undoubtedly a signal of the continuation of the bullish strength. Therefore, the evening trading strategy should primarily focus on buying with the trend.
From the four-hour perspective, 102000 demonstrates strong support. This level has not only successfully resisted bearish pressure multiple times but has also driven the price to form a bottom-up structure. If one insists on waiting for a significant pullback before entering a long position, they may miss the best opportunity to build a position; once the price effectively breaks below 102000, it indicates a qualitative change in the short-term trend, and the logic for going long will be disrupted. Thus, the current trading strategy should decisively lean towards bullish, prioritizing entry during slight pullbacks. It is noteworthy that the high-level sideways consolidation in the four-hour cycle is still ongoing. Combined with the technical pullbacks that have already occurred, it is highly likely that the price will welcome a new round of upward movement.
Short-term Operations:
Bitcoin fluctuates around 1030-1035, aiming for targets of 1045-1050.
Ethereum fluctuates around 255-259, aiming for targets of 265-269. #BTC #ETH $BTC $ETH
