A significant bearish candlestick has broken through the previous consolidation range, and the price is currently under pressure from the middle band of the Bollinger Bands, recording consecutive bearish candles, indicating that the bearish pullback trend has continued. The short-term key support level has been breached, and this support level has now turned into a resistance level, suggesting that the bearish trend is likely to persist. The Bollinger Bands are opening downwards, indicating that a downtrend has formed.
Seize the profits in just one week. If it's difficult to judge the market trend and short-term trading operations are not smooth, please pay attention to professional guidance for hands-on teaching support. #BTC #ETH
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5.31 Morning Bitcoin Strategy Analysis
A significant bearish candlestick has broken through the previous consolidation range, and the price is currently under pressure from the middle band of the Bollinger Bands, recording consecutive bearish candles, indicating that the bearish pullback trend has continued. The short-term key support level has been breached, and this support level has now turned into a resistance level, suggesting that the bearish trend is likely to persist. The Bollinger Bands are opening downwards, indicating that a downtrend has formed.
小时级别MACD柱状图持续在负值区间,同时DIF与DEA均向下扩散,表明短期内的低势格局尚未改变。 小时线RSI读数34.74,逼近超卖区域,但尚未达到极端水平,表明市场可能存在反弹的契机;日线RSI持续下滑,保持弱势格局,小时线EMA7、EMA30、EMA120形成空头排列,当前价格处于EMA7附近,若无法有效突破,则继续看空。 日线EMA同样呈现空头排列,建议在Today早间,适时考虑执行短线🈳单策略。
BTC Recommendation: 104500-105000🈳 Target 103500
Seize the profits in just one week. If it's difficult to judge the market trend and short-term trading operations are not smooth, please pay attention to professional guidance for hands-on teaching support. #BTC #ETH