5.14 Thursday Afternoon Bitcoin and Ethereum Latest Ideas and Operations

Real short-term trading masters are often practitioners of self-cultivation. They understand that the market is always right, and what we need to do is follow its rhythm. The long-side ideas delivered in the early-morning live broadcast and posts helped us smoothly capture nearly 900 points of upside on Bitcoin and 24 points on Ethereum.

From the current chart, over the past four hours, the bearish momentum of the two major coins has clearly weakened. Trading volume has been gradually shrinking, indicating that the selling pressure is temporarily exhausted. Technical indicators are either entering or exiting oversold zones, providing a higher safety margin for afternoon long-side positioning. On the one-hour timeframe: the MACD histogram has flipped from green to red, and a bullish golden cross at low levels is about to be confirmed. If price can hold above the zero line, the strength of the rebound will increase. After the Bollinger Bands touched the lower band in the morning, price rebounded; it is now moving toward the middle band. The lower band is flattening and slightly tightening, meaning the phase of sharp sell-off has ended and the market is moving into low-level consolidation. In the afternoon, Lao Ma continues to provide long-side trading ideas.

Thursday Afternoon Trading Ideas:
Bitcoin: Go long around 79,300. Target: 80,500
Ethereum: Go long around 2,250. Target: 2,330