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#ETH 5.20 Bitcoin Ethereum Technical Analysis and Trading Suggestions
From the daily chart perspective, the market is currently releasing complex signals: the MACD indicator shows a top divergence pattern, volume exhibits a large and small bearish characteristic, and the DIF and DEA lines are repeatedly crossing, indicating a tug-of-war between bulls and bears.
From the 4-hour perspective, the price has formed a U-shaped reversal after completing two bottom-testing actions and is strongly trending upwards, with a bullish trend already established. The MACD indicator continues to expand, and the DIF line has successfully crossed above the DEA line to form a golden cross, indicating strong short-term upward momentum. Pay attention to the upper position of 105800.
Yesterday, I closed a short position on Ethereum around the 2550 line in the morning, gaining 126 points and making a profit of 6000u. Then I took a short position on Bitcoin at 104637 and held it until 102806, gaining 1831 points and over 5000u in profit. In the afternoon, I reversed and took a long position on Bitcoin and Ethereum, making over 3000U. In the evening, the market was strong again, yielding a profit of 3800U, bringing the total daily profit to 18,000U. "Follow the Trade Wei ETH2025666"
Bitcoin intraday operation suggestion: Buy near the pullback of 104500-104200, with a stop loss of 600 points, and a target around 105800.
Ethereum suggestion: Buy on the pullback near 2400-2350, with a stop loss of 40 points, targeting around 2560-2600.
The strategy is for reference only, with actual trading guidance as the main focus.