5.10 Luo Yi Lunchtime Aunt Analysis: Bulls are gathering strength, waiting to surge higher and take profits



The daily chart's overall bullish trend remains solid, with prices continuously staying above 2340. The high-level movement is a preparatory consolidation during the upward trend, not a top and retreat. The 4-hour level correction remains weak, with each decline met by strong buying support. The bearish selling pressure continues to weaken, and short-term oscillations are just for gathering strength. The probability of breaking through and surging higher afterward is very high.

During the day, firmly focus on low buying, deploying in batches around the core support area.
Long entry zone: 2290–2320
Stop loss: below 2260
Target: 2400, with a breakout aiming for 2460

Overall judgment: As long as the key support at 2260 is not effectively broken, the bullish upward structure will not change. After a short-term correction, a new strong upward wave is likely to begin. Seize the low entry opportunities and ride the trend to secure profits from the main upward move.
Market fluctuations are rapid, so be sure to manage positions carefully and set strict stop losses.
BTC0.64%
GT-0.26%
ETH0.6%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin