May 23 Market Analysis and Strategy

Looking back at the afternoon forecast made yesterday, the idea of watching for opportunities was perfectly validated. Friends who followed the strategy were able to reap considerable rewards. We will continue to maintain the strategy of waiting for a pullback to enter the market in the afternoon, patiently waiting for the right moment to decisively jump in. Qianwu always firmly believes that every market pullback is for a better rise.

Bitcoin has recently maintained a volatile pattern, continuing to consolidate around 111200 since last night, failing to form an effective one-sided trend. The round number of 112000 poses a significant resistance, with multiple unsuccessful attempts to break through, making it necessary to be cautious of the risk of a pullback after a surge. Currently, the support below has not been confirmed, and the price may first pull back to test the support at the low before attempting to rise again. Overall, we maintain a bullish expectation, primarily focusing on buying the dip.

Operational Suggestions

Buy Bitcoin in the range of 110200-110500, targeting 111500

Buy Ethereum in the range of 2620-2640, targeting 2700#比特币 #以太坊ETF通过 #行情推演