#Gate广场五月交易分享

Monday Morning Analysis on May 11th
Good morning everyone, as Yifan predicted last night, BTC first surged to 81,300, then stabilized and surged again towards 82,800
Price and Bollinger Bands: The current price is about 82,293.8, having broken through the upper band of the Bollinger Bands (82,119.2), entering a short-term overbought zone, with a need for a pullback to test the upper band for support. The middle band (81,240.5) and the lower band (80,361.7) form a support zone below.
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- Moving Average System: MA7 and MA30 are in a standard bullish alignment, with the short-term trend dominated by buyers. The moving averages lag behind the price, a typical feature of rapid upward movements.
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- MACD Indicator: DIF (174.5) crosses above DEA (41.0), with the MACD red histogram significantly expanding to 266.9, indicating concentrated bullish momentum. However, if the momentum diminishes later, a pullback could occur. Yifan personally suggests a pullback to 80,300-81,300, then stabilize before targeting 82,800-83,500. A breakout could see targets near 84,000-85,000. I, Shipan, see the long-term target at 88,000. Aggressive traders can consider a light short-term position around 82,800-83,500. #BTC #ETH #BTC走势分析