5.11 Bingbing Analysis



The current market is closely following Bitcoin’s strong-driven, sideways volatility. The overall “bingtou” pattern is clear. At the daily level, price has held short-term moving average support, and the key 2320 support zone has been repeatedly tested and has stabilized, leaving limited room for downside.

The 4-hour trend maintains an upward rhythm. Indicators show the bullish crossover is continuing, “bingtou” momentum keeps building, and there is no overbought divergence. This suggests there is room for a continuation to catch up and move upward.

Trading Suggestions
Buy/betting on “bingtou” near 2320; defend at 2300; target 2380. If it breaks out, watch the 2420 resistance level. #特朗普5月13日访华 $ETH
ETH0.11%
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