5.12📌 BTC, ETH Intraday Market Analysis
BTC:
⚠️ Current Trend: Surge on 5.8 breaking 100,000 → Consolidation between 90,000-120,000 facing resistance → Today broke through and crashed, alert for capital withdrawal signals!
📌 Prioritize Shorting:
Trigger Point: Break below 103,200 and do not rebound above → Bearish confirmation;
Aggressive short positions can be placed at 104,600-104,800 (stop loss at 105,200).
Targets: 102,000→100,800→98,000 (if breaking 100,000).
✅ Backup for Going Long: Need a strong breakthrough above 105,000 and hold two hours of bullish candles, a pullback to 104,800 can allow for light long positions, stop loss at 104,200, targets at 106,000-107,800.
ETH:
Current Trend: After breaking 2,300 resistance on 5.9, it continues to strengthen, forming an 'upward flag,' with 2,520 support confirmed!
🟢 Prioritize Going Long:
Order Placement Point: 2,535-2,550 (stop loss at 2,500), targets at 2,605-2,670 (breakthrough at 2,570 can chase the rise).
⛔ No Short Positions Allowed: No top structure, healthy trend, high risk for counter-trend operations.