Analyst Liang Qiu: 5.20 Bitcoin Aunt Evening Market Analysis

Bitcoin Aunt has once again staged a wide oscillation in recent days, but while the volatility is large, the space is also relatively large. Currently, after another surge in the morning session, Bitcoin Aunt has dropped back. In fact, we have set up multiple long positions last night, and this morning we opened a short position, and we are still holding a short position mindset, as one should follow the trend when it arrives. The four-hour level market has again surged and fallen back, currently reaching the midline of the Bollinger Bands, and the market will continue to decline, focusing on the short-term support at 2400 and 102800.

In terms of the K-line shape for Bitcoin Aunt, the recent price has been oscillating at a high level, forming multiple long upper and lower shadows, indicating a significant market divergence between bulls and bears. The daily level has shown a series of bearish candles, indicating strong selling pressure in the short term. In terms of technical indicators, the MACD on the four-hour cycle is positive, but the fast and slow lines are gradually approaching, and the momentum bars are shrinking, which may face adjustment risks. Don't be misled by the current large retracement; there is still room for further adjustments this evening.

Evening operation suggestions: BTC: range of 104500 to 105000, target around 103000; ETH: range of 2480 to 2500, target around 2400.

The content is time-sensitive, please refer to real-time data for specifics. #币安Alpha上新