After Bitcoin broke new highs yesterday, it continued to fluctuate slightly for a day. Our low strategy for Bitcoin was not executed, but Ethereum successfully entered, capturing a space of over 100. Congratulations to those who followed along.

After today's daily update, the TD indicator is expected to show TD6 as anticipated. The MACD and KDJ indicators are already overbought. The coin price is slightly resonating upwards based on the MA 5 and 10-day moving averages. The only risk is the current gap of 2000-3000 points between the coin price and the MA 5-day moving average. It is expected that there will be a pullback today, with a focus on the support at the MA 5-day moving average around 108500. As long as the pullback does not effectively break this support, the candlestick pattern will not be damaged, and the daily chart will continue to follow the TD789 and subsequent trends.

Currently, the coin price is operating below the MA 5-day moving average on the 4-hour chart, with the MACD and KDJ indicators showing slight pullback sentiment. Combining this with the hourly chart, the overall intraday trend leans towards a slight fluctuation and pullback. The high point resistance is referenced at around 112000. For the afternoon to evening market, my personal view is to follow the trend and maintain a high sell and low buy strategy. Use stop loss wisely to avoid being controlled by market manipulators.

Trading idea: 111200-111700, target: 110000-108500 is sufficient, stop loss at 112300.

The low reference point is around 108000-108500 for light positions.

After a morning surge in Ethereum, the daily candlestick forms a double top pattern with the high point on May 13. Currently, the daily MACD continues to operate with decreasing volume, and there is also a gap between the coin price and the MA 5-day moving average. Therefore, the intraday outlook is to first look for a pullback, with support at the low point around 2580.

Trading idea: 2690-2730, target: 2650-2600 is sufficient, stop loss at 2750.

For the short-term trend, it is expected to be sufficient, and further follow-up will continue later.#比特币突破11万美元 #币安Alpha上新 #BTC再创新高