Yue Ying: 5.9-10 Bitcoin and Ethereum Market Analysis, Weekend Briefing on Latest Trends and Strategies



I am Zhou Yueying. Friends who enjoy the article, please follow me, and let's see today's sharing!

Bitcoin Technical Analysis——

Bitcoin daily chart shows that after the previous K line slightly broke below the moving average and then closed with a doji bullish candle, the market opened higher and continued to consolidate above the moving average. The Bollinger Bands are narrowing, and the short-term moving average is trending upward. The MACD fast and slow lines are showing signs of convergence downward, with decreasing volume bars. The KDJ is extending downward, paying attention to support near the 50 level. The VR indicator is consolidating around 200. On the four-hour chart, the market is oscillating narrowly above 80,000, currently testing the midline. The Bollinger Bands are moving downward, while the short-term moving average is trending upward. The MACD fast and slow lines are supported at zero and slightly turning, with decreasing volume bars. The KDJ is extending upward, with resistance near 100. The VR indicator is consolidating around 110. Overall, after reaching a new high, the market dipped and found support around 79,000 before rebounding. A healthy trend involves a pullback after an upward move. Currently, it remains within the upward channel. Over the weekend, market volatility is expected to slow down, so Yue Ying anticipates consolidation and adjustment. The short-term range is around 79,000-82,000. For short-term advice:

Bitcoin Short-term Suggestion: Long at 79,300, Short at 81,500 (activate strategy for profit, manage at your own discretion)

Ethereum Technical Analysis——

Ethereum on the four-hour chart shows the price facing resistance around the midline and the 60-day moving average. If it can break through and stabilize, further gains are possible. The immediate resistance is around 2,380, with support above 2,200. Over the weekend, short-term trading relies on range-bound strategies. For short-term advice:

Ethereum Short-term Suggestion: Long at 2,260, Short at 2,370 (activate strategy for profit, manage at your own discretion)

—— I am Zhou Yueying, a teacher focused on technical analysis. If anyone has questions about operations or trends, feel free to communicate and learn together! Let's share insights and profit together! #BTC重返8万 #Gate广场五月交易分享 $BTC
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