Wen Cheng: The recent market situation oscillates back and forth like a tug-of-war between bulls and bears, with the price of coins forming a key support zone around 101,000 points—this is both a historical ancient support level and a psychological defense line corresponding to the resistance point of 110,000, aligning with the current trend line position.

In the face of such a repeatedly probing breakout trend, initial breakout signals should be treated with caution. Under obvious washout rhythms, blindly following the trend can easily mislead investors by the main funds. For investors who are not sure about grasping the oscillation rhythm, it is advisable to adopt a 'static control movement' strategy, waiting for the trend to clarify before making entry decisions: traders skilled at capturing fluctuations can focus on range opportunities, while those inclined towards trend trading should patiently wait for a clear direction.

From a technical perspective, the ascending channel built by Bitcoin since the end of April remains effective. The continuous bullish trend and the bullish arrangement of moving averages (EMA7, EMA30 diverging upwards, price staying above the moving averages) indicate that bullish momentum dominates the market. The MACD is diverging above the zero axis, and the RSI maintains a level above 60, further confirming a strong short-term pattern. However, caution is needed against potential selling pressure near historical highs (109,600 USD), as some bulls may take profits and watch in this range. It is recommended to primarily focus on buying on dips in line with the overall trend, while short-term traders may attempt to short at high positions to capture fluctuations, but bears must strictly control their positions and avoid prolonged battles. If the price effectively breaks through historical highs, the expectation of subsequent upward movements towards 110,000 and 120,000 will gradually materialize.

5.21 Bitcoin operation strategy:

1. Long from 106000-106600, stop loss below 105000, target 107700-108500

2. Short from 109000-108300, stop loss above 110000, target 106500-105500

5.21 Ethereum operation strategy:

1. Long from 2470-2510, stop loss below 2430, target 2610-2650, continue to look for upward movement near 2720

2. Short from 2720-2680, stop loss above 2760, target 2600-2560

Follow for guidance, I have been navigating the market for many years, deeply understanding its opportunities and traps. If your investments are not going well

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