Li Shengting: 5.26 Ethereum/Bitcoin Midday Market Analysis and Trading Ideas
During the early hours, a long position near the 2500 level for Ethereum was suggested, and so far, it has been in a profitable stage. Friends holding positions can consider reducing their holdings, while the remaining can continue to hold.
After the weekly update today, Ethereum's KDJ technical indicator and MACD technical indicator are both in a golden cross rising phase. In the BOLL technical indicator, the coin price is stabilizing above the middle track. From the daily technical indicators, the MA5 and MA10 moving averages are both in a fluctuating upward phase, with a clear sign of upward movement in the MA30 moving average. However, there is a certain technical gap between the daily level and the MA5 moving average, and I personally believe there will definitely be a gap filling before continuing to fluctuate upward.
From the 4-hour technical indicators, the KDJ and MACD indicators are in a fluctuating flat phase, while the short-term BOLL indicator is continuously adjusting. The MA3 moving average is in a fluctuating upward state, and slightly rising, with the DIF and DEA indicators working together to press upwards. Therefore, for the short term today, we still see a fluctuating upward trend, and the trading idea is to focus on buying on dips.
The above is my personal midday market analysis, and specific points should be based on real-time guidance.