Evening Thoughts on May 23

Currently, Bitcoin has experienced a brief adjustment after reaching a historic high, and is now entering a volatile phase. The competition for upper resistance and lower support has reached a fever pitch. The 1-hour Bollinger Bands have flattened, but the daily level shows a top divergence, indicating that a significant correction is imminent. In the short term, caution is needed regarding the possibility of a market crash, with a focus on buying at lower prices.

Suggestions

Bitcoin 110000-110500, target 112000

Ethereum 2630-2650, target 2740#币安Alpha上新 #以太坊走势 $BTC $ETH