5.18 Weekend Bitcoin and Ethereum Market Analysis and Subsequent Operational Strategy Reference.
From the current market analysis, on the four-hour level, the Bollinger Bands show signs of a slow downward turn to some extent. After three consecutive bearish candles, the bulls attempted a slight rebound, but overall, the price is constrained by the middle band, with weakening rebound momentum and no effective breakthrough. On the one-hour level, the price continues to fluctuate slowly upward, but it is also under some pressure when touching the middle band of the Bollinger Bands, and the bullish candles all have long upper shadows, indicating that there is currently significant selling pressure above, and market bearish sentiment is quite strong. For subsequent operational strategies, it is recommended to focus on short positions during rebounds.
Bitcoin can short in the range of 103300-103800, targeting 102300/101300.
Ethereum can short near 2490/2520, with a target of 2425.$BTC #山寨季何时到来? $ETH #币安AlphaSUI生态交易竞赛