5.20 Market Research Report BTC/ETH
(Those who like Old Ai on Valentine's Day can confess, both men and women, focusing on not being alone)
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1. $BTC
Cycle view, still effective on the 16th
What has been emphasized in the past few days, neither overly bearish nor overly bullish, clear leverage behavior, pullbacks choose lagging altcoins for swing trading.
10.68 is effective, so intraday can only be once or right side
After the breakout, daily line 10.9 then 11.4 12.5 fresh positions can wait
Intraday:
Up and down to seize liquidity, going long or short creates a range, and there is defense.
The oscillation within the range, a stop loss will only occur once after the range breaks out
Cycle view see chart 2, the long-term target and strength/weakness levels have been mentioned repeatedly
Intraday it's the damn range, long and short
If intraday 10.5 can't drop, it’s strong, so manage your stop loss well
10.25 break, stage range slightly bearish oscillation
2. $ETH
Ethereum is like cs
Trendline resistance turning point 2550-2580, once passed, the next target is around 2640 waiting for trade.
Intraday 2480 strong/weak level, breaking down to retest support at 2400
In conjunction with Bitcoin's range long and short
After the trendline turning point breakout, a pullback to the trendline can facilitate the next stage’s pullback rebound