Bitcoin has hardly fluctuated over the weekend. It is currently moving around the internal shock structure. It is currently judged that a convergence shock will gradually form. The rise and fall before complete convergence is easily misleading, so we need to be cautious and observe the completion of subsequent convergence. The direction is a breakthrough, and when the time comes, it will be a breakthrough, that is, the direction.
Resistance level【27700, 28500, 29150】
Support level [25800, 25200, 23900]
Ethereum has currently broken through the triangle structure, but there has been no large-volume breakthrough, and the volume energy is very sluggish. This is largely caused by low liquidity, not a manifestation of demand, and it is not expected to break through the previous high of 1846, and Bitcoin is in shock convergence. Therefore, we should maintain a cautious attitude. In the short term, shocks will dominate.
Resistance level【1846, 1880, 1912】
Support level [1738, 1685, 1460]
The market is changing rapidly. If you make a profit, move the stop loss to the opening price in time. The point can only be used once. Do not open the same point again after being stopped. Do not place orders at high times. You must bring a stop loss. Stop the loss twice and close the position gradually. Open a position and gradually reduce the position. If others are greedy, I will be fearful. If others are fearful, I will be greedy. It is not recommended for novices to do futures contracts.
May 21, 2023
The above analysis is for reference only and does not constitute investment advice.
