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BrotherQiangIsGoodAtTrading

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Looking back from early morning to now, the market has continued yesterday's weakness, further declining, with Bitcoin and Ethereum both hitting new lows. Bitcoin's lowest touch was around 74,210, and Ethereum also weakened simultaneously, dropping to about 2,013. Overall, four consecutive days of decline have completely given back the previous gains, with bearish momentum fully released. Currently, the price has returned to the key support zone of 74,200, showing signs of stabilizing in the short term. The clear bearish outlook was provided early this morning, and the decisive short position
BTC+0.25%
ETH-0.16%
#Gate广场五月交易分享 5.7
Day-trading short orders lead the way first—score a 6,000 oil trade record
On smaller timeframes, it’s still in a downward trend; the gen guys who entered around 81600 can continue to hold
The road to success isn’t actually crowded—because there are very few who can stick with it, and there are very few who can follow gen’s direction
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$ETH The evening news has filled most of the gaps created, but as the price rebounds to around 79135 that we are watching, resistance becomes obvious. The 15-minute Bollinger Bands are tightening, which is a signal of resistance to the rebound, so in the short term, we expect a pullback.
On the 15-minute chart, the price has been struggling below the middle Bollinger Band and cannot break above. 80032 is the strong resistance at the upper band, and 78238 is the support at the lower band. Although the 4-hour chart is still in an upward channel, the candlestick bodies are far from the middle ba
ETH-0.16%