Li Mingyang's Analysis for the Evening of 5.17



Currently, on the 1-hour cycle, BTC and ETH are both slightly bearish, mainly trading short on rebounds, with light long positions for testing. I personally do not recommend heavy bottom-fishing.

MA Moving Averages: Price breaks below MA5/MA10, moving averages form a death cross, short-term trend weakens. MACD: DIF crosses below DEA, red bars rapidly shorten, upward momentum exhausted, bearish momentum strengthens. Volume: decreasing volume during rebounds, increasing volume during declines, bears dominate, bulls lack support.
Directly available long and short strategy orders (personal opinion, for reference only)

ETH: Short-term short
Entry: rebound at 2188-2192
Stop loss: 2200
Take profit: → 2167
Position size: ≤5%

Light long
Entry: stabilize on pullback at 2175-2181
Stop loss: 2165
Take profit: 2190-2195
Position size: ≤2%

BTC: Short-term short
Entry: rebound at 78150-78200
Stop loss: 78600
Take profit: 77800→ 77700
Position size: ≤5%

Light long
Entry: stabilize on pullback at 77700-77800
Stop loss: 77600
Take profit: 78100-78200
Position size: ≤2%

Risk control baseline (personal execution standards, for reference only)
1. Must have a stop loss, no holding through stops, no adding to positions.
2. Single asset position ≤5%, total position ≤10%.
3. Short-term positions should not be held overnight to avoid news-related risks.

Disclaimer: The above content is only my personal technical analysis opinion and does not constitute any investment advice. The market carries risks; trading should be cautious. $ETH
BTC-0.27%
ETH-0.04%
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MerchantsWithoutDomain
· 6h ago
🈳BTC
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LiMingyangOnTrends
· 6h ago
Just charge forward 👊
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