Evening Analysis on May 21

The daily timeframe shows a strong bullish pattern, with long solid candles accompanied by significant volume, clearly releasing signals for trend continuation. Observing the four-hour chart, the current price has broken through the upper Bollinger Band for three consecutive periods, forming a sustained breakout pattern in the overbought range, which usually indicates a self-reinforcing characteristic of the trend from a technical perspective. Combined with volume and price structure analysis, the MACD dual lines are continuously diverging above the zero line, and although the KDJ indicator is in the overbought zone, no signs of a turn have been observed, indicating strong willingness for funds to enter the market. From a morphological perspective, the price has effectively broken through the previous high resistance level, and the chip distribution shows light selling pressure above, coupled with a stepwise increase in market trading volume, it is expected that the upward momentum will continue in the short term.

Trading suggestion: Buy around 105000–105500, target 106500–107500.

Secondary suggestion: Buy around 2480–2510, target near 2580. #BTC #比特币 #ETH #以太 #以太坊ETF批准预期