5.21 Morning Thoughts:
Yesterday's market showed an overall oscillating recovery trend, with the maximum fluctuation exceeding 120 points. From a technical structure analysis, a small bearish doji was formed on the daily chart, indicating that the forces of bulls and bears are tending towards balance. The Bollinger Bands on the four-hour chart are narrowing, with the K line above the middle band. The MACD double lines crossed upwards, and the bullish energy bars are continuously expanding, indicating that there is still upward momentum in the short term. Similarly, on the one-hour chart, the Bollinger Bands are narrowing, the K line is operating above the middle band, and the MACD double lines crossed upwards with bullish energy bars expanding. Overall, the intra-day operating strategy focuses on shorting on rebounds, while closely monitoring the strength of pullbacks. If the pullback is significant and stabilizing signals appear, low long positions can be appropriately arranged to flexibly respond to market changes.
Ether: Short near 2520-2540, watch 2480, if broken, continue to look at 2450
