Analyst Chen Shu: 5.22 Afternoon Bitcoin and Ethereum Market Analysis Strategy, Breaking New Highs Again. Yesterday's Long Positions Successfully Profited.

Yesterday's afternoon article suggested going long on Bitcoin at 10.68/10.6 and on Ethereum at 2550/2500. The midnight article analysis also provided both long and short strategies with entry opportunities. The long position strategy was correct, yielding significant profits, with the strategy making over 5000/100 points. Congratulations to those who followed the strategy.

Looking at Bitcoin from the daily chart, after the price broke through the historical high, the upper pressure level was successfully surpassed. Although the price is deviating from the MA5/10 day moving averages, the bullish trend remains strong. Currently, the price is following the MA5 day moving average upwards on the 4-hour chart. The entry point for long positions should reference the MA5 day moving average, while short positions need to wait for a quick pullback after breaking the new high again.

From the daily chart of Ethereum, it has not yet welcomed the opportunity for a rebound. The daily price is currently at the MA256 day moving average pressure level at 2660. Pay attention to whether the price can stabilize above the 2660 line after a rebound during the day. On the 4-hour chart, the short-term pressure level is at the previous high of 2730. Watch for the breakout situation at this level.

Afternoon Operating Thoughts (Written at: 14:00):

BTC: Over 110,000, add long at 10.8, target 11.15/11.3; for short positions, wait for a pullback opportunity after breaking the new high.

ETH: Long at 2580, add long at 2500, target 2630/2700; consider going short at the upper level of 2700/2750.

Daily analysis strategy has a very high win rate! Analysis is not easy, hope everyone can give a free follow, favorite, like, and comment. Thank you all, and feel free to leave comments below for discussion; I will reply one by one!