5.18 Midnight Analysis
The navigation situation is unusually slow, deviating from the typical weekend state, indicating a deeper level of temptation. The time window will trap interest rates in a dilemma and ETF outflows will overlap, leading to a rebound followed by further depth 📉
From the current perspective, the four-hour K-line is at a triangular support point, and the EMA trend indicator shows a high-level contraction. Therefore, the K-line is likely to consolidate at a high level. Additionally, the MACD shows a large and a small indicator; although the DIF and DEA are expanding, there is a high chance of missing the best entry point once the golden cross trend appears. The Bollinger Bands are horizontal, with the K-line remaining around the middle track at 103200. The upper pressure level is at 104400, while the lower track is too high, having already broken the support at 102200.
This perspective is a personal opinion from Wanxiang for reference!
Suggestions:
Bitcoin testing downwards: around 104500-105300
Target: around 103000-102500; if broken, look at 102000.
Ethereum testing downwards: around 2580-2650
Target: around 2540-2510; if broken, look at 2300.
