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May 15, Friday Afternoon Bitcoin and Ethereum Latest Ideas and Operations
From the current market situation, on the daily chart level, DIF and DEA are still operating above the zero line. Although the red histogram has weakened somewhat, there is no sign of a downward turn, indicating that the medium-term bullish trend remains solid. It can currently be understood as a consolidation or accumulation phase during the upward process; the RSI indicator hovers around 49, approaching the lower end of the neutral zone, and the stochastic indicator has fallen into the oversold area, suggesting that short-term bullish pressure is weakening but no decisive bearish breakout has occurred. This implies greater room for technical correction, which is not only a necessary adjustment for the bulls but also a sign of healthy development. The momentum to break new highs remains in the market. In the afternoon, Lao Ma continues to provide long-side trading ideas.
Friday Afternoon Trading Ideas:
Bitcoin: Go long around 81,000. Target at 82,200.
Ethereum: Go long around 2,270. Target at 2,350.