The bulls are starting to slow down, be cautious when chasing high positions! 5.15 Bitcoin Auntie's analysis
Although the entry point for short positions yesterday was good, US stocks slightly rose after a pullback, forcing short positions to close with a stop-loss. Currently, the bullish momentum in US stocks has slowed down. Meanwhile, during tariff negotiations, the US is trying to include commitments on exchange rate policies in the agreement. The foreign exchange market is experiencing significant volatility due to concerns that the founding government intends to promote the depreciation of the dollar, or to achieve that goal through trade negotiations. Everyone, please pay attention!
From a technical perspective, the daily line has again closed in the red, and it is still in a high-level consolidation phase. The Bollinger Bands are not expanding upwards, indicating that bullish momentum has slowed down. The KDJ three lines are showing signs of a death cross as they turn downwards in the overbought zone, and the MACD's volume is continuously shrinking, indicating a clear need for a pullback on the daily line! Therefore, for intraday operations, Conan suggests maintaining a primary strategy of shorting at high levels! The resistance levels above to watch are 104500, 105000, 105500, and 106000, while the support levels below are 102500, 100700, 100000, 99000, and 97500.
5.15 Bitcoin trading strategy: Aggressive traders can enter short positions on a rebound between 104000-104500, while conservative traders can enter between 105000-105500, with a stop-loss at 106000. The target is around 102500-102000-101500, and if broken, watch for around 101000-100700. Continue holding if it breaks further based on the situation!
5.15 Ethereum trading strategy: Aggressive traders can enter short positions on a rebound between 2630-2670, while conservative traders can enter between 2700-2720, with a stop-loss near 2750. The target is around 2600-2550-2500, and if broken, watch for around 2470-2450-2420-2400. Continue holding if it breaks further based on the situation!
Long position strategy: Enter long positions on Bitcoin pullbacks between 100000-100500, with a stop-loss near 99300. The target is around 101000-101500-102000-102500, and if broken, watch for around 103000-103500.
For Ethereum, reference entering long positions between 2380-2405, with a stop-loss near 2350. The target is around 2430-2450-2480, and if broken, watch for around 2500-2530.
The initial jobless claims data will be released tonight. Recently, this data has not had a significant impact on cryptocurrency prices, but if there is a large discrepancy from expectations, it will need to be closely monitored. Everyone, please pay attention! #美国加征关税 #贸易战缓和