Monday, May 29th, latest operational strategy for Bitcoin and Ethereum
From a technical perspective, the daily line closed with a small bullish doji, the 4-hour Bollinger Bands are narrowing, and the candlestick is operating below the middle band. The MACD double lines crossed downward, and the bearish energy bars continue to increase in volume.
From the 1-hour line, the Bollinger Bands are opening, the candlestick is also below the middle band, and the MACD double lines have crossed downward, with bearish energy bars continuing to increase in volume.
Overall, the short-term bearish sentiment is dominant, but during the day, there is no need to pursue shorts excessively; we will continue to maintain a low long strategy for positioning.
Support at 104500, protect at 103800, target at 107000-108500.
Support at 2410, protect at 2380, target at 2480-2530.