Yuying: 5.20 Bitcoin Ethereum Today's Market Analysis Can the Daily Double Needle of Ethereum Make E-Warriors Celebrate?
I am Zhou Yuying, let's look at today's sharing!
Bitcoin Technical Analysis————
Looking at the daily chart of Bitcoin, the previous candlestick forms a hammer, with a slight rebound at the opening today testing downwards. The Bollinger Bands continue to run upwards, and the short-term moving averages are arranged upwards. The MACD fast and slow lines show signs of turning downwards, with the volume bars increasing again. The KDJ is running downwards, and the VR indicator is consolidating around the value of 140. On the 4-hour chart, the market was blocked at the upper band after consecutive positive candlesticks and adjusted downwards. The Bollinger Bands are slightly open, and the short-term moving averages are running around the middle band. The MACD fast and slow lines turned down again above the 0 axis, with volume bars decreasing. The KDJ is leveling off, and the VR indicator is consolidating around the value of 100. Overall, the market is experiencing high-level fluctuations and adjustments, with temporary support not breaking at around 102000, and thinking about re-entry at previous highs and slightly breaking previous highs. Looking at short-term recommendations.
Bitcoin Short-Term: Short at 106500 (Short at 108300), Long at 102800 (Strategy activated, manage the space yourself)
Ethereum Technical Analysis————
Ethereum is weaker compared to Bitcoin, with the rebound not breaking 2600. The short-term resistance reference is around 2600, followed by the previous high around 2700. Since the rebound stands above 2400, the support reference is around 2400. The overall technical analysis is linked to Bitcoin for reference, looking at short-term recommendations.
Ethereum Short-Term: Short at 2605 (Short at 2708), Long at 2450 (Strategy activated, manage the space yourself)
——I am Zhou Yuying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn operations with me! See you next time.
