Analysis of Bitcoin and Ethereum market in the evening of 5.14, WeChat account: Lao Li on Coins

From the analysis of intraday technical trends, Bitcoin presents a typical retracement process. After hitting the interim low of 102815 and the aunt dropping to 2575, the big cake did not form an effective break but rebounded again. At the daily level, the K-line pattern showed an obvious lower shadow, forming a stabilization signal of the golden needle bottoming out. It is worth noting that the bottom support level continued to move up during this round of callback, showing the strength of the bulls at the key price. Although the callback has deepened, it has not changed the overall upward trend. On the contrary, it has further consolidated the bottom structure through shock accumulation. From the 4-hour level, the overall price of the currency remains in an upward trend. The short-term callback can be regarded as a repair process for technical indicators.

For the evening, long orders can be arranged in batches at 103300-103800, with the target at 106000

The aunt can intervene at a low point at 2600-2620, with the target at around 2750. $BTC #美国加征关税 $ETH #代币发射平台竞争加剧