Analyst Chen Shu: Short-term pullback on May 14 with slight rebound, midnight market analysis / with trading strategy
Market Analysis: Currently, from the trend perspective, the Bitcoin price has once again reached above 10.3. During the high-level consolidation process, we are still focusing on whether the daily MA5 moving average can re-establish itself. On the 4-hour chart, the price has risen above the MA30 moving average. If it can stabilize, it will continue to test the high point around 10.5. The short-term support to watch is around 10.35; Ethereum's daily chart has strengthened again and has re-established itself above the MA5 moving average. The price may once again test the MA256 moving average, which is the high point around 2650, focusing on whether the price can successfully break through 1650.
Trading Strategy (Published at: 00:30):
BTC: Buy at 10.36, add more on pullback to 10.3, target 10.45/10.5; consider short positions around 10.55/10.6
ETH: Buy at 2570, add more on pullback to 2530, target 2650/2700; consider light short positions above 1650
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