Morning Analysis on May 22
From the perspective of market analysis, the market has shown a continuous upward trend for several days recently, forming multiple bullish candles, reflecting an increase in buying power. The MACD indicator is in the positive range on the hourly chart, while the DMA line has crossed above the DIA line, indicating an increase in upward momentum in the short term. The RSI indicator on the hourly chart is approaching the overbought zone but has not yet entered extreme overbought territory, which means there is still room for further upward movement in the market. The overall trend in the recent navigation situation is very clear, and any pullback can be seen as a good buying opportunity, providing a high degree of certainty in operations.
Operation Suggestions
Bitcoin 109000-109500 buy target 111000
Ethereum 2530-2510 buy target 2600