May 22nd, 1:07 AM


Host Analysis:
BTC's 6-hour rebound has already ended, the space has been repaired, and it is currently consolidating sideways. The upward wave on the daily chart of Bitcoin has been broken, but the daily support at 75,500 has not been broken, so a new high can be pulled out at any time.
ETH's 6-hour rebound is still in a range-bound oscillation pattern, but it is nearing the end. The upward wave on the daily chart of Ethereum has deteriorated, and 2180 has been effectively broken, ready for a waterfall.

Based on various factors and the international financial situation: the liquidity in the crypto market is drying up, buying pressure is extremely weak, the US dollar continues to strengthen, US bond yields are rising, and the high volatility of gold is increasing. It looks like Bitcoin is waiting for the 6-hour rebound of Ethereum to end, then it will decline simultaneously!

Summary: Considering today is Friday, and tomorrow and the day after are the weekend (weekend liquidity is extremely poor)... the true direction will emerge late Sunday night to Monday. The host's view: still bearish, still bearish, still bearish!!!!
BTC0.06%
GLDX0.5%
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AntPowerKing
· 2h ago
Add one more: Currently, HYPE, ZEC, VVV, the enthusiasm continues to rise, and the big players are choosing to pump the market. It is recommended that crypto friends do not short, do not short, do not short... Wait for the hourly level to top out, then try to go short. (Although the entry point is not as good as the current short position, the safety factor is higher.)
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