Analyst Chen Shu: 5.17 Afternoon Bitcoin and Ethereum Market Analysis Strategy, Short-term Slight Strengthening, Look for Bullish After Intraday Pullback

Yesterday's afternoon article clearly provided a pullback to buy idea, giving Bitcoin 10.37/10.3 to buy, and Ethereum 2570/2530 to buy. The market pulled back to the strategy points, with long positions profiting 1500/80 points. Congratulations to friends who followed the strategic operations.

From the daily chart, Bitcoin shows a continuous formation of doji candles, indicating short-term bullish and bearish divergence. With the oscillating adjustment, the MA5/10 day moving averages are converging. The current focus for the short-term is the 10.35 level. Looking at the 4-hour chart, the short-term pullback support is at the MA120 day moving average, which is around 10.26. Pay attention to whether the price breaks below the 10.33 level. If it breaks below, the short-term may continue to pull back to the 10.2 level. For intraday operations, treat it as oscillating first.

From the daily view of Ethereum, the daily chart shows a continuous series of green K-lines, with prices facing significant resistance at the MA256 day moving average around 2650. Pay attention to whether the price pullback breaks below the MA10 day moving average at the 2500 level. If this level is lost, the short-term may pull back to support at the 2400/2360 low points.

Afternoon Operation Ideas (Writing Time: 14:30):

BTC: 10.35 short, 10.42 add to short, target 10.25/10.2; consider long positions around 10.2

ETH: 2495 short, 2530 add to short, target 2450/2400; long positions synchronized with Bitcoin

The daily analysis strategy has an extremely high win rate! Analysis is not easy; I hope everyone can give a free follow, save, like, and comment. Thank you all, and feel free to leave a message below for discussion. I will reply one by one!