Analyst Liangqiu: On May 21, the Bitcoin price broke the high point again, pay attention to the volatility conversion

After the pullback last night, the Bitcoin price resumed its upward trend, with a minimum pullback to around 104100 and 2438. The overall trend has clearly strengthened, followed by a rebound. During the daytime surge of Bitcoin, it even broke the recent daily high, reaching around 107700. Breaking the high point will inevitably be accompanied by some pullbacks, mainly focusing on the strength of the pullback. Currently, all daily MA moving averages have begun to turn upwards, with the 7-day moving average support around 105000. In the future, just focus on this support level.

In terms of Bitcoin's K-line pattern, the recent price has fluctuated around 106000 and 2500, forming a narrow range consolidation pattern. The daily level indicates a slight pullback after continuous rises, but it remains in an overall upward trend. In terms of technical indicators, the 4-hour MACD shows a bullish arrangement, with both DIF and DEA moving upwards, indicating that market sentiment is optimistic in the short term. The change in trend requires timely adjustments, so patiently wait for the pullback to enter trades in the direction of the trend.

Trading suggestions: BTC: around 105800 to 106400, target around 108500; ETH: around 2500 to 2520, target around 2600.

The publication is time-sensitive, so please refer to real-time data. #特朗普晚宴