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5.11 Evening Bitcoin and Altcoin Analysis
From the four-hour chart, BTC's Bollinger Bands are narrowing and flattening, indicating the market is in a range-bound consolidation phase. The price remains firmly above the middle Bollinger Band, with the short-term bullish trend structure intact. The moving average system is generally diverging upward, stacking to form strong support; the KDJ indicator has formed a golden cross at low levels and continues to rise, with bullish momentum steadily accumulating and releasing. Overall, the market shows a clear bullish trend signal.
Trading Suggestions
Bitcoin: Buy near 79,500-80,500, targeting 81,000-83,000
Altcoin: Buy near 2,290-2,320, targeting 2,340-2,400
$BTC $ETH
#比特币波动