5.12 Bitcoin and Ethereum Market Trend Analysis and Trading Suggestions!

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允彦
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11 hours ago

Trading Philosophy: Look for trends in the long term, find entry points in the short term;

Technical Analysis: For Bitcoin, the daily chart shows a small bearish candle around 104000, the Bollinger Bands continue to open upwards, the MACD moving average continues to rise, bullish volume is starting to decrease, and the KDJ continues to rise. On the 4-hour chart, the Bollinger Bands are beginning to close upwards, the MACD moving average continues to decline, bearish volume is increasing, and the KDJ line is moving downwards;

For Ethereum, the daily chart shows a bearish candle around 2510, the Bollinger Bands continue to open upwards, the MACD moving average continues to rise, bullish volume is increasing, and the KDJ line continues to rise. On the 4-hour chart, the Bollinger Bands are beginning to close upwards, the MACD moving average is starting to decline, bearish volume is beginning to increase, and the KDJ line is starting to rise;

Currently, the market shows a very strong bullish trend, and it is expected that there will be a period of sideways consolidation in the future. It is recommended to short at high levels!

Operation Suggestion: Short at high levels!

Short Bitcoin at 104500-105000, target 103500-102500, stop loss at 106000;

Short Ethereum at 2580-2610, target 2520-2450, stop loss at 2660;

The strategy is time-sensitive, please refer to private real-time guidance for specifics!

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