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5.10 Awei Morning BTC/ETH Market Analysis and Strategy
After waiting all day, the market fluctuations remain limited; frankly, it's just testing patience.
But from the structure, the four-hour and one-hour bottom formations are gradually taking shape, and the Bollinger Bands are continuously narrowing, indicating a typical "building momentum for a breakout" stage.
Currently, there is still resistance above; the key is whether it can break through with volume and stabilize.
Once confirmed to stabilize, a pullback presents a relatively comfortable entry opportunity.
Trading idea: Focus on buying on dips, avoid chasing in choppy conditions.
BTC: Enter long positions in the 79,800-79,600 range, targeting around 80,800-81,700
ETH: Enter long positions in the 2,300-2,280 range, targeting around 2,340-2,360
In a word:
Now is the stage of building momentum; don’t rush to act. Wait until the right level and clear signals, then follow steadily. #Gate广场五月交易分享 #日本国债上链24小时交易 $BTC $ETH