Trump's dinner has not yet started, Bitcoin has reached a new high, cautiously short! 5.22 Bitcoin trading strategy

Yesterday morning, I provided a short strategy for Bitcoin, which perfectly materialized during the day, and the stop-loss was moved to 106500/2540 and was triggered. Although I am bullish for the evening, the price did not pull back sufficiently, so I did not enter long. In the midnight session, the price pulled back a bit, and then I placed a long order at 106500/2500, and when I woke up in the morning, I felt comfortable again!

From a technical perspective, the daily chart showed a large bullish candle this morning, the price broke above the upper resistance line and pulled back slightly, but the pullback was not significant. During this period, after the price retraced, it quickly recovered. Yesterday, I also provided a strategy for buying on the pullback, and although the pullback was insufficient, it is clear that the high and low points are moving upwards. Although Ethereum has lagged behind again, the indicators still remain at high levels, so everyone should be cautious of the market makers' reverse harvesting! Those holding long positions should set stop-losses to manage risk! The upper pressure is no longer visible, while the lower support levels to watch are 107500, 106000, 104500, 103000, and 102000.

5.22 Bitcoin trading strategy: Aggressive traders can chase long on a pullback to 107000-107500, while conservative traders can enter at 106000-106500, with a stop-loss at 105500, targeting around 108500-109000-110000-110500-111000, and adjust the stop-loss as the situation changes!

5.22 Ethereum strategy: Aggressive traders can chase long on a pullback to 2470-2500, while conservative traders can enter at 2420-2450, with a stop-loss around 2380, targeting around 2550-2580-2600-2630, and adjust the stop-loss as the situation changes!

Although there is a possibility of profit-taking during a strong rally, Ethereum has lagged too much this time. It all depends on whether the dinner can lift the price. If Bitcoin does not pull back or continues to consolidate at a high level, then Ethereum may have a chance to catch up. The special coins and Melania coins may also have opportunities. Everyone should be cautious when shorting. If you cannot resist shorting, please set stop-losses to manage risk! #BTC再创新高 #特朗普晚宴