May 21 Bitcoin and Ethereum Market Analysis and Strategy Sharing
In yesterday's video, we mentioned to wait for Bitcoin and Ethereum prices to pull back before entering long positions. From the review process, it appears that the stop-loss positions for Bitcoin and Ethereum were not set correctly, leading to a lack of profit and premature stop-loss on this round of long positions.
During the day, Bitcoin and Ethereum are in a strong rebound trend, so friends chasing longs should set their take profit and stop-loss levels. The 4-hour level of $PEPE and $SOL has stabilized above the 5, 10, and 30 MA averages. Friends who entered the spot market during our previous pullback can continue to hold.
The 4-hour level of $TRUMP has broken through the triangular consolidation range, and the price continues to rebound, with a short-term challenge to the resistance level above 17 dollars.