May 11 Trend Analysis: Bitcoin rebounds under pressure, Ethereum moves lower from high levels, trend leans toward bearish

Bitcoin four-hour K-line faces resistance at 82,500 and pulls back, currently in a range of 80,500 to 81,500, EMA15 moving average begins to flatten, short-term rebound trend slows down. MACD green bars continue to shrink, fast and slow lines are about to form a golden cross, indicating short-term downside momentum is weakening and a rebound is needed. The middle band of Bollinger Bands provides support near 80,500, with resistance at the upper band around 81,500. In the short term, it is likely to oscillate within this range, and a breakout direction needs further confirmation.

Ethereum four-hour K-line is in a dense cluster of EMA moving averages, with both bulls and bears approaching equilibrium. Bollinger Bands are currently flat, with the upper band at 2,370 and the lower band at 2,270, and the price repeatedly oscillates along the middle band, showing significant range-bound characteristics. MACD has formed a golden cross, with the red bars gradually enlarging, indicating short-term upward strength has increased, but the resistance near 2,380 has been tested multiple times without breaking through, limiting rebound momentum. The recent low at 2,310 provides effective support, and the overall trend remains within a consolidation range, lacking clear trend signals. In this kind of market, controlling your trades is more important than anything; not trading means no loss, and only act decisively after a breakout.

Trading Suggestions:

BTC short at 81,500-82,000, target 78,000 - 75,000, stop at 82,500

ETH short at 2,350-2,390, target 2,200 - 2,000, stop at 2,430

The opinions, conclusions, and suggestions in this article are for reference only and do not constitute investment advice. The market carries risks; invest cautiously. $BTC ‌$ETH ‌