Cryptocurrency Li Ying: The Bitcoin Doji Star Signal has appeared on May 21! Ethereum's Black Three Soldiers have launched a surprise attack! Why is Wall Street silent? Latest market analysis
Bitcoin's current price is 105,300, after moving around, the market has returned to this range. At present, there is strong resistance at the 107,000 level, and the MA indicator shows a small gap between the short-term and long-term moving averages, indicating high market uncertainty; the MACD indicator shows that market momentum is weakening, and there may be continued downward pressure in the short term. It is likely that the price will continue to fluctuate within the current range in the short term, so Li Ying advises cryptocurrency friends to remain cautious in the current volatile market, focusing on support and resistance levels for short-term operations, using breakouts or pullbacks as signals for trading, and to manage risks properly. Additionally, from a technical perspective, the K-line shows a Doji Star at the support level, with top and bottom patterns forming local highs and lows, while the belt-holding line indicates a strong bullish trend. The strategy should be primarily low in long positions, with high short positions as a supplement.
Reference:
Long at 102,500, hold at 102,000, stop loss at 500 points, target at 105,000
Short at 107,000, hold at 107,500, stop loss at 500 points, target at 104,500
Ethereum
Before publication, Ethereum's current price is 2,483, currently showing signs of a pullback after an upward move. At this stage, the MA trend is filled with uncertainty, and the K-line pattern shows a belt-holding line and Black Three Soldiers indicating a shift in bullish and bearish forces. Li Ying reminds everyone that the pregnant line pattern may indicate a potential reversal, especially as trading activity near key resistance and support strengthens market directional uncertainty. The MACD momentum switch also shows that the market is looking for direction. In the short term, if the pregnant line pattern breaks upward, it may form short-term bullish sentiment, so Li Ying suggests waiting for confirmation of the pregnant line pattern breakout before taking action. Cryptocurrency friends can engage in high-selling and low-buying within the fluctuation range. Medium to long-term investors should pay attention to changes in trading volume and moving average crossover situations to judge the medium to long-term trend direction of the market. If the price successfully breaks and stabilizes above 2,600, then consider appropriately increasing positions; however, if it fails to stabilize, cautious operation is advised to prevent further pullback risks.
Reference:
Long at 2,400, hold at 2,350, stop loss at 30 points, target at 2,550
Short at 2,600, hold at 2,630, stop loss at 30 points, target at 2,500
Li Ying's brief analysis for investors' reference $BTC
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