Cryptocurrency Li Ying: Bitcoin faces another wave on May 19! Will it break 106,000 tonight? Ethereum bearish warning! Latest market analysis
Latest Bitcoin Market Analysis
Article published on 2025.5.19----0:30
Current Bitcoin price is 105,500, and the market has once again reached the previous high resistance level. The trend is undoubtedly bullish at this moment. From a short-term perspective, although the price shows signs of accelerated growth, there is a risk of a short-term pullback at any time. Therefore, Li Ying suggests that if the price falls back to the support level around 104,000 and stabilizes, it may be considered to increase positions. In the short term, hold some positions for observation. Meanwhile, be cautious of the short-term pullback risk, set reasonable stop-loss levels, and guard against adjustments after excessive price expansion. Overall, pay attention to the market's reaction to the round number 106,000.00. If it breaks through effectively and the trading volume remains strong, further position increases may be considered.
Today's reference points:
Long entry point 104,500, stop-loss 104,000, stop-loss 500 points, target 106,000
Short entry point 106,000, stop-loss 106,500, stop-loss 500 points, target 104,500
Latest Ethereum Market Analysis
Before publication, the current price of Ethereum is 2,578. Li Ying suggests everyone pay attention to the short-term market, as the market may maintain a certain upward trend. With the appearance of a MACD golden cross and an increase in trading volume, bullish momentum is gradually increasing, and the market may show signs of a rebound. However, the RSI indicator shows that there is a risk of overbought in the short term, so caution should be taken against high-level pullback pressure. Therefore, Li Ying suggests that current operations should be cautious, maintain a wait-and-see attitude or lightly go long. Watch for market reactions as the price approaches critical resistance levels to decide whether to make more decisive buying operations. The technical analysis shows a doji star and a top formation, indicating potential downside risks, while the appearance of a bearish three soldiers is a strong bearish signal, all of which we need to pay attention to.
Short-term strategy reference:
Long entry point 2,450, stop-loss 2,420, stop-loss 30 points, target 2,550
Short entry point 2,700, stop-loss 2,730, stop-loss 30 points, target 2,550
The above is Li Ying's brief analysis of the current market for investor reference $BTC