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May 9 Cryptocurrency Market Analysis ‼️
Low liquidity, small position swings!
【No deep dip on Friday, US stocks weekly line shows a doji bullish candle】
Strategy: ✅ Continue upward ✅
1️⃣ Market 【BTC ETH】 Current key support levels:
【BTC】 Short-term small position
Open: Around 80,335
Stop loss: 80,445
Take profit: Around 80,100
【ETH】 Short-term small position
Open: Around 2,315
Stop loss: 2,326
Take profit: Around 2,305
2️⃣ 【ETH & BTC】 US stocks closed the weekly line with a doji bullish candle yesterday. If this momentum continues next week, BTC's dip hasn't arrived yet. We rely on the daily trend line; as long as it doesn't break downward, the trend remains upward. For daily corrections, watch the support at 77,000 based on BTC's current rhythm.
Focus on quick in and out trades; the correction is best to dip a bit more for a complete structure.
If this helps you, please give Brother Qiang a like 👍 + follow.
All opinions are personal views only.
Not investment advice, DYOR.