5.11 ZEC Analysis Current ZEC price is 571.65, the one-hour Bollinger Bands are opening downward, and the price has broken below the middle band at 581.72. The middle band has now turned into strong resistance, with support at the lower band at 561.96. The KDJ indicator's three lines are running at low levels, with the J value at 7.41 in the oversold zone. There is a short-term technical rebound demand, but the rebound is likely to be suppressed by the middle band. Volume is increasing during the decline, and volume is decreasing during the rebound. Trading suggestion: 600-650 range, target 570-530. Medium to long-term view around 500. $BTC $GT $ETH #Gate广场五月交易分享

May 11th Ethereum long position 2325–2330, stop loss 2305, add to position at 2310, first take profit 2355, second take profit 2370, Ethereum short position 2365–2370, add to position at 2385, stop loss 2390, first take profit 2345, second take profit 2320

Just noticed altcoins are having a solid run while BTC and ETH are pulling back from their weekly tops. That's the kind of rotation you see when the altcoin season index starts picking up steam. Smaller caps have been grinding higher these past few days even as the big two consolidate. Not saying this is the start of a full alt season, but the divergence is worth watching. When you see this kind of breadth in the altcoin space while major coins take a breather, it usually means money is rotating into riskier plays. Could be a short-term thing or could be the beginning of something more. Either way, the altcoin season index might be worth monitoring if you're trying to time your positions right now.