Ethereum is set to rebound as expected, join in on the long positions for gains! Midnight thoughts on Bitcoin from 5.22

Yesterday, a long position at 106500/2500 placed at midnight was moved to a stop loss of 110000/2570 today, which resulted in a gain of 3500/70 points. I reminded twice during the day that Ethereum would rebound; although it's slow, it has indeed rebounded as expected, and those who followed in long positions have reaped decent rewards!

After Bitcoin broke 110000 during the day, it has been consolidating at high levels. After Ethereum's rebound, it has also shown slight fluctuations at high levels. Currently, the technical indicators do not reveal any pressure points for Bitcoin, while Ethereum has lagged significantly in this round. Although I chased a long position again during the day, after Ethereum's stop loss was hit, I manually closed the Bitcoin position, fearing another round of reverse harvesting. Today, special tokens and Melania coins have also seen some gains, and I believe those who followed have made some small profits!

From the data on spot ETFs, this rise is completely different from last year. At that time, there was a significant amount of buying for both ETFs and spot markets, but this time, most ETF investors are watching from the sidelines, and buying has only started to increase in the last two days. This is likely due to the excitement caused by Trump's dinner!

Although the buying volume is not large, there are very few sellers. Simply put, the buying volume may not be high, but the selling volume is even lower, allowing the limited buying power to push the price up. Therefore, for now, we will mainly maintain a strategy of buying on dips! Support levels to watch below are the previous high points of 110000, 109000, 107500, 106000, and 104700.

Midnight trading strategy for Bitcoin on 5.22: Aggressive traders can chase longs around 110000 on a dip, while conservative traders can enter at 108500-109000, with a stop loss at 108000, aiming for targets around 111000-112000-113000. Move the stop loss according to the situation after breaking levels!

Midnight thoughts on Ethereum for 5.22: Aggressive traders can chase longs between 2600-2630 on a dip, while conservative traders can enter at 2530-2560, with a stop loss nearby 2500, targeting around 2680-2700-27400. Move the stop loss according to the situation after breaking levels!

Although there is a strong surge breaking the 11,000 mark, there is still a possibility of selling pressure. However, as long as there isn't a significant pullback, Ethereum has the potential to rebound to 3000 or even 4000. If Bitcoin experiences a substantial pullback, Ethereum will likely be dragged down as well, so everyone must continuously move their stop loss to protect gains and avoid holding onto losing positions! #BTC再创新高 #特朗普晚宴