5.28 Early Morning Bitcoin and Ethereum Market Analysis ~ Bitcoin has increased in volume, and there is a certain risk of a shakeout at high levels!

Today, Bitcoin continues to adjust at a high level. After showing a wave of retracement sentiment in the morning, it started to rebound in the evening. Currently, from the daily level, the coin price continues to operate above the MA5 10-day moving average with slight fluctuations. The middle track of the BOLL band and the MA30-day moving average continue to rise, providing bullish momentum. However, the upper track shows slight downward pressure, and with MACD running at a low volume, the indicators are lagging due to market influence. Currently, the daily high resistance reference is at the 111000-112000 line.

From the 4-hour chart, after the closing in the early morning, the coin price has slightly risen relying on the MA5 10-day moving average in the short term, but the MA30-day moving average has shown a flat trend. Combined with the hourly chart, the current market trend is inclined towards a slight upward fluctuation, but the energy is small, leading to a high-level adjustment. Therefore, my personal view in the early morning is to first go long and then short. This is relatively prudent.

Trading idea: 110500 long, 111500 add to long, target: 109500-108500 is fine, stop loss: 112000

Low entry point: 108500-108000 line, target: 110000-111500 is fine.

Ethereum's overall trend is basically synchronized with Bitcoin. It made a strong rebound today, and the coin price is currently breaking out and running above the upper track of the 4-hour BOLL band. Combined with the hourly chart, the current indicators are severely overbought. Although the overall trend is inclined towards an upward fluctuation, there is a risk of retracement in the coin price. Therefore, my view in the early morning is consistent with Bitcoin, first go long and then short.

Trading idea: 2700 light long, 2730 add to long, target: 2620-2580 is fine, stop loss: 2740

Low entry point 2580-2550 line can try to enter. Target: 2660-2700

For the short-term trend, it is expected to be sufficient, and I will continue to follow up later.#币安Alpha上新 #美国加征关税 #