Analysis for the evening of May 22

The afternoon market remains the same with a steady trend, not providing any significant opportunities.

Today's market focus is mainly on the opening and closing of the US market, so pay close attention to these two time points!

The daily chart for Bitcoin shows a bullish candle from the previous day, with intraday rebounds hitting a historical high around 118800 before retreating for adjustment. The Bollinger Bands are running upward, and the short-term moving averages are extending upward. The MACD fast and slow lines are again moving upward, with a slight increase in volume. The KDJ indicator is flattening at a high level, showing signs of a potential turn. Resistance around 100 is indicated by the VR indicator, which is around 130 in a consolidation phase over 4 hours. Looking at the shipping market, a breakout above the upper track is expected, followed by a retreat and a bearish candle. The market should not be in an open state; the short-term moving averages are running upward, and the MACD fast and slow lines are extending upward. The volume bars are contracting, and the KDJ is turning downward. The VR indicator is consolidating around 120. After a strong peak, there is a need for a pullback and adjustment, so proceed cautiously with previous highs as the main resistance for entry!

Suggestions:

Bitcoin: Around 110800-111400 for entry

Target: Around 108000-106000; if broken, look for 98000

Ethereum: Around 2675-2730 for entry

Target: 2600-2550; if broken, look for 2300