5.30 Morning Bitcoin ETH Strategy Analysis

Yesterday's watching 🈳 strategy was accurately verified! During the trading period in the early hours of today, Bitcoin's price began a volatile downward trend, remaining under pressure and eventually falling to the important support level of 105580 yuan. At the same time, ETH's market performance showed a high consistency with Bitcoin, following closely into a downward trend, gradually sliding down to a low of 2620.

From the daily chart analysis, Bitcoin has fallen below the middle band of the Bollinger Bands, and the moving averages are showing a parallel divergence, indicating that the bullish strength is gradually weakening. On the four-hour chart, this trend is even more apparent, as the market breaks through the recently formed parallel lows, the downward space is gradually expanding. It is recommended to consider appropriately taking short positions during the morning operations!

Bitcoin recommendation: 106500🈳 Target 104500

Aunt Recommended: 2666🈳 Target 2600

Seize profits in just one week. If it's difficult to judge market trends and short-term trading operations are not smooth, please pay attention to professional guidance for hands-on teaching support. #BTC #ETH