May 28 Morning Analysis:
Last night, the cryptocurrency market experienced a dramatic shift, with Ethereum's sudden surge triggering a chain reaction. Bitcoin exhibited a 'roller coaster' trend—rising to $110,500 before being targeted by shorts, currently hovering around $108,800. The technical indicators hold hidden secrets: although the lower Bollinger Band has supported the price three times on the 1-hour chart, the MACD death cross indicates that selling pressure is gradually intensifying, and the risk of a short-term pullback has increased significantly!
Trading Strategy:
1. Bitcoin
Key Resistance: $109,300 - $109,800
Tactical Layout: This area is suitable for light short positions, with a stop-loss set above $110,200.
Target Downward: $108,000 → Ultimate Target $106,500
Warning: If $108,000 is breached, be cautious of a bullish counterattack!
2. Ethereum
Short Position Gathering: $2,660 - $2,690
Step-by-Step Targeting: After entering the first position, if a rebound to $2,700 occurs, increase the position size, and move the stop-loss up to $2,720.
Target Aiming: $2,580 → If broken, watch for the psychological level of $2,500.
The market is like a battlefield, with the tug-of-war between bulls and bears changing in an instant. At this moment, the bullets are loaded; which target are you preparing to aim for?
