Analyst Liang Qiu: Continuous Short Positions on Bitcoin/Ethereum as of 5.31, Including Evening Market Analysis

Bitcoin/Ethereum have been repeatedly positioned for short trades since the highs of 110000 and 2730, with the market continuing to decline. Currently, the market shows signs of stabilization and rebound, but the rebound strength is relatively small. In the short term, attention should be paid to the resistance levels of 106000 and 2580. The daily candlestick pattern for Bitcoin shows several consecutive bearish candles over multiple days, indicating a clear downward trend. In the 4-hour timeframe, recent candlesticks have formed several long upper shadows, indicating heavy selling pressure above, while the lows continue to decline. Technical indicators in the 4-hour timeframe show that both DIF and DEA are below the zero axis and continue to diverge downward, indicating increased bearish momentum.

Evening trading suggestions: BTC: range around 104500 to 105000, target around 103000; ETH: range around 2550 to 2570, target around 2480.

【The above analysis and strategies are for reference only. Please bear the risks yourself. The publication of the article does not guarantee timeliness; specifics are subject to real-time conditions】 #中心化与去中心化交易所