5.23 Morning Bitcoin Market Analysis

Hello friends, good morning! The plan for the day starts in the morning, let's take a look at this morning's Bitcoin market. During the early hours, Bitcoin's price hit a new high, peaking above 111900. Our previous bullish perspective has been validated by the market; although the rise in this bullish trend is not particularly remarkable, the upward trend is evident. Subsequently, after fluctuating at a high level, Bitcoin began to correct, currently retreating to around 111100.

From the current trend analysis, the bullish momentum remains strong. As long as Bitcoin's price experiences a correction, it presents an opportunity for us to buy at lower levels. From the hourly candlestick chart, Bitcoin shows a continuous upward trend; although each rise comes with a correction, the highs keep moving up, and the price continues to break upward. Therefore, when planning in the morning, as long as Bitcoin's price does not fall below the key support level of 110500, we can boldly buy the dip.

The trading suggestions are as follows:

- Bitcoin: Buy around 110800, with a target of 112500.

- Ethereum: Buy around 2635, with a target of 2700.

Investment carries risks, and operations should be cautious; the above suggestions are for reference only. #币安LaunchpoolHUMA #比特币突破11万美元 #币安Alpha上新 #BTC再创新高 #币安HODLer空投HAEDAL