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The 13th of the hourly TD sequence has been released, indicating that the short-side momentum at the current position is nearing its end. A rebound correction is very likely to occur; however, the rebound height will depend on the volume and whether resistance levels are broken.
Judging from the liquidation heatmap, there are a large number of open positions in the 2260-2280 range below, which is a strong support zone. In the 2320-2340 range above, there is more liquidation pressure; if the price rebounds into that zone, it is likely to meet resistance and pull back.
Trading ideas
Left side: Lightly and gradually buy in batches in the 2270-2280 range, with a stop loss set below 2260. The target is the 2310-2330 range.
Right side: Wait for the price to rebound to the 2310-2330 range, and only take action after clear bearish signals appear. If the 2276 support level is broken, the price may further drop into the 2200-2230 range.
$ETH $BTC #特朗普5月13日访华