Analyst Liang Qiu: 5.27 Bitcoin/Ethereum Range Fluctuation with Latest Market Analysis

Bitcoin/Ethereum has successfully verified multiple long and short strategies in recent days, with a relatively large overall space. Currently, the market is under pressure above and has support below, with weak continuation of long and short positions. Future attention should be paid to breakout situations. Focus on the pressure level at 110,000 and 2,620 above, and the support level at 106,000 and 2,450 below. If you still don’t know how to trade in such a fluctuating market, then there’s not much to say; just follow the breakout. From the four-hour perspective, the market has shown signs of pullback again, and it will gradually present a wide fluctuation trend.

In terms of Bitcoin/Ethereum candlestick patterns, the daily level shows that recent prices have fluctuated in the range of 107,000 to 110,000 and 2,480 to 2,620, overall presenting a high-level consolidation state. On the 4-hour candlestick chart, multiple long upper shadows have appeared, indicating heavy selling pressure above, while the lower shadows also show certain support. In terms of technical indicators, on the 4-hour cycle, the DIF and DEA are gradually converging, red bars are shortening, and momentum is weakening, possibly entering an adjustment phase. Currently, the pressure above is concentrated at 110,000 and 2,610, and if it cannot break through and stabilize, there is still a risk of pullback.

Operational Suggestions BTC: range near 109,300 to 109,800, target around 107,800; ETH: range near 2,590 to 2,610, target around 2,530.

[The above analysis and strategies are for reference only; risks are to be borne by yourself. The article's review and publication do not guarantee timeliness; please refer to real-time data for specifics.] #Strategy增持比特币