Evening Analysis on May 20:

From the four-hour technical chart analysis, although the price briefly broke through the upper Bollinger Band resistance during the intraday trading session, it failed to establish a stable position and quickly retraced back inside the band, reflecting the weak sustainability of buying power in the market. Observing the relationship between volume and price, the transaction bars over the last three cycles show a stepped shrinking trend, with the Energy Flow indicator also declining, and the MACD fast and slow lines continuously binding in the zero-axis area, forming multiple death crosses. Based on the above technical signals, it is recommended to continue the strategy of selling short on highs during the night trading session, with a focus on shorting opportunities when the price rebounds to the resistance level.

Trading Suggestions: Sell short around 105000—105500, stop loss at 106000, target around 104000—103000.

Secondary market: Sell short around 2520—2550, stop loss at 2580, target around 2450—2400. #区块链 #BTC #比特币 #ETH #以太