5.18 Good afternoon. Today, let's analyze a thought for next week. My expectation is that the overall range fluctuation will end before next Tuesday, and there will be either long positions or short positions. It won't continue to fluctuate like this. Looking at BTC on a four-hour level, it is maintaining a range fluctuation, with buying pressure entering at the lower boundary of the range. However, compared to ETH, ETH is a bit too weak. Currently, ETH buyers are unwilling to buy at this price and are waiting for lower prices. Where do these lower prices point to? The 2400-2420 range. Beware of Long Wick Candle; this area can have a Long Wick Candle as long as it doesn't break below in terms of the body. Therefore, the bullish trend remains intact, and it is still possible to go long. If ETH closes with a Bearish line today and breaks below 2400-2420, then next week I will wait for lower prices. 2485 is a relatively important level; if it holds, it can move upwards, but if it doesn't hold, it will go down. This price level can be understood as a short-term battleground for both long and short positions #BTC .
I will post it as soon as I encounter severe fluctuations or opportunities.
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5.18 Good afternoon. Today, let's analyze a thought for next week. My expectation is that the overall range fluctuation will end before next Tuesday, and there will be either long positions or short positions. It won't continue to fluctuate like this. Looking at BTC on a four-hour level, it is maintaining a range fluctuation, with buying pressure entering at the lower boundary of the range. However, compared to ETH, ETH is a bit too weak. Currently, ETH buyers are unwilling to buy at this price and are waiting for lower prices. Where do these lower prices point to? The 2400-2420 range. Beware of Long Wick Candle; this area can have a Long Wick Candle as long as it doesn't break below in terms of the body. Therefore, the bullish trend remains intact, and it is still possible to go long. If ETH closes with a Bearish line today and breaks below 2400-2420, then next week I will wait for lower prices. 2485 is a relatively important level; if it holds, it can move upwards, but if it doesn't hold, it will go down. This price level can be understood as a short-term battleground for both long and short positions #BTC .
I will post it as soon as I encounter severe fluctuations or opportunities.