5/25 AM: Analysis of BTC and ETH Movement and Operational Recommendations
On Saturday, BTC dropped to a low of 106721 then rebounded slightly, peaking at 108520 in the afternoon before pausing; ETH's movement was synchronized, dropping in the morning to a low of 2503 then rebounding, peaking at 2563 at noon, indicating overall range volatility.
In the morning, Lily's insights about the market were accurate, as profits were made from the short trade on Bitcoin near 108500 to 107500. Currently, the four-hour chart shows that after the drop, although the bulls saw a rebound, it is difficult to change the downward trend. This rebound may serve as a gathering of strength for a second drop; and on the hourly level, after five bullish candles, the midpoint of the Bollinger Bands was pressed, and the rebound momentum is insufficient, increasing the likelihood of a return after the rise.
Operational Suggestions: Bitcoin: Sell near 109000 - 109500, target 107000 - 106500
Ethereum: Open a sell position near 2620 - 2580, target around 2500 - 2530$BTC