5.23 Zhiming Morning Analysis and Suggestions
Looking at the market, today's market has shown a strong upward trend, clearly indicating the direction of future market development—bullish-led trends will continue, and following the trend remains the main theme of current operations. From a short-term technical perspective, after a rapid price increase, there may be a certain degree of corrective pullback. However, investors need to understand that this pullback is merely a normal technical adjustment during the upward process and is by no means a trend reversal signal. On the contrary, this healthy adjustment precisely builds momentum for a stronger rise later on. After the corrective phase ends, the market is likely to regain its upward momentum and continue along the original upward channel, maintaining a bullish outlook in the morning.
Zhiming's Suggestions
Bitcoin around 111000-110500, look for 112000-113000
Ethereum around 2630-2610, look for 2670-2700
