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May 12th, Tuesday, Zhongling Evening BTC/ETH Market Analysis
Briefly summarize the daytime market! In the morning, the market showed a bottoming out and rebound pattern, with Bitcoin dipping to a low of 80,661, and ETH touching 2,292. Clear support reactions appeared in the low region. In the afternoon, the bullish momentum was not significantly released, and the overall trend leaned more towards oscillating and consolidating in the low area.
Looking at the current market, the trend of rising and then falling within the day continues, and the CPI data tonight did not cause a significant impact on the market. The price did not reach the lows tested yesterday. As long as the support at the low level holds, the overall trend structure remains unchanged. Our short-term rebound strategy still holds. Therefore, we continue to maintain the view of a rebound, with pullbacks mainly for short-term long entries.
Trading suggestions:
Buy in the 80,300-80,800 range for Bitcoin, target 83,000 within the day!
Buy in the 2,270-2,290 range for ETH, target 2,400 within the day.
$BTC $ETH $SOL #特朗普5月13日访华 #加密投资产品连续六周净流入 #山寨币资金回流 #