Analyst Chen Shu: 5.21 Afternoon Bitcoin and Ethereum Market Analysis Strategy, Trend Strengthens Again, Focus on Upward Breakout Force

Yesterday's afternoon article provided Bitcoin long strategy at 10.48/10.4 and Ethereum long strategy at 2510/2470. After the market retraced, it provided an entry opportunity, with the strategy yielding a maximum profit of 3000/100 points. Congratulations to those who followed the strategy.

From the daily chart of Bitcoin, the price is once again maintaining above the daily MA5/10 moving averages. If it continues to hold above the MA5/10 moving averages in the short term, the price will test the 110,000 level upward; from the 4-hour perspective, the price also remains above the MA5/10 moving averages, with support levels to watch at 10.66/10.6. If it retraces without breaking these levels, consider entering long positions.

From the daily chart of Ethereum, the short-term price is once again approaching the daily MA256 moving average line at 2660. Pay attention to whether the price will continue to test the resistance level at 2660. From the 4-hour perspective, it has continuously formed 3 red candlesticks, with the price operating above the MA5/10 moving averages, and the support levels to watch are 2530/2500.

Afternoon Operation Strategy (Writing Time: 14:00):

BTC: Long at 10.68, add to long at 10.6, target 10.75/10.8; consider short positions at 10.85/110,000.

ETH: Long at 2550, add to long at 2500, target 2650/2700; short at the upper level of 2650/2700.

Daily analysis strategy has a very high win rate! Analyzing is not easy, I hope everyone can give a free follow, save, like, and comment. Thank you all, and feel free to leave comments below; I will respond one by one!