BTC slightly falls but ETF net inflows reflect institutions buying on dips; however, the spot price has not increased simultaneously, which may imply derivative selling pressure. Fully circulating coins being favored is not merely speculation but a result of market evolution. If BTC falls below $60,000, one should reduce holdings in altcoins. ETH should wait until it breaks through the $1,900 resistance level. Before the June Federal Reserve meeting, high beta assets may face liquidity contraction impacts.
May 6th Big Pancake Afternoon Silk Recording From the daily line perspective, the MACD momentum histogram shows a bullish to bearish trend. The RSI three lines are in a bullish arrangement, indicating a neutral stage. From the hourly line perspective, the MACD bullish momentum weakens, and the RSI three lines form a death cross.
Operation Suggestions Enter at 94700, target at 93500, defend at 95300 #BTC
May 5th Evening Silk Road From the hourly chart, the RSI three lines show a downward trend, approaching oversold. The MACD double lines form a death cross.
Entry Strategy Short at 1810 on a pullback, target 1780, stop loss at 1830#
On the evening of May 5th, the Silk Road The large pancake shows a downward trend on the hourly chart, with the MACD dual lines converging and showing signs of a death cross. The RSI is approaching oversold levels. From the four-hour chart, the MACD dual lines are below the zero axis, and the RSI three lines are in a bullish arrangement, indicating signs of being oversold.
Entry Strategy Enter short at 94500 for the large pancake, target 93300, with a stop loss at 95000 #BTC #ETH
If the report suggests establishing a reserve, it may be interpreted as the United States indirectly acknowledging the value of Bitcoin, temporarily driving up prices. Internationally, this could stimulate other countries to accelerate their central digital currency or Bitcoin reserve plans. This could be a key turning point for the U.S. shifting from passive confiscation to actively accumulating Bitcoin, but the political significance outweighs the actual reserve needs. #比特币战略储备 #BTC
As a well-known Japanese artist, Yua Mikami's influence is directly monetized, but history shows that such projects (such as Trump Coin, Ai-generated Internet celebrity coins) have extremely short cycles, and most of them return to zero after the heat fades. Users would rather spend gas fees to send transactions below 0.002 SOL, reflecting the irrationality of the Meme coin market, where participants bet on extremely small costs for huge returns. In summary, Yua Mikami's Meme coin is a typical epitome of the absurd drama of the crypto market in 2023. Celebrities, junk transactions, and fuzzy rules together constitute a high-risk game. #比特币 #以太坊ETF #币圈 #Web3 #区块链
May 5th Afternoon Silk Road This morning, the Silk Road big pie reached 94500, perfectly verified. From the daily line perspective, the MACD double lines are converging, showing signs of a death cross. The RSI is approaching overbought. From the hourly line perspective, the RSI three lines are in a bullish arrangement, presenting a neutral stage. The MACD bearish momentum is weakening, indicating a trend for a pullback.
Entry Strategy Enter long at 94500, target 96000, stop loss at 94000
May 5th Early Morning Thoughts Today's Bitcoin continues the trend of fluctuating downward but has not reached the short-term support level. From the daily chart perspective, Bitcoin is currently showing a brief technical pullback, and the current MACD bullish momentum is weakening. The RSI is approaching the overbought stage, making a technical pullback likely in the near future. From the hourly chart perspective, the MACD bearish momentum is weakening, but the overall trend fluctuations are not significant. The RSI shows a bullish arrangement of three lines, presenting a neutral phase.
Entry Strategy Enter short at 95,500, target 94,500. Stop loss at 96,100.