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Analyst Liang Qiu: 5.11 Bitcoin/Ether Evening Market Analysis


The pullback strategy for Bitcoin and Ether's layout in the white plate, the overall target for Bitcoin is close to 105000, with nearly 2000 points of space, but Ether is not meeting expectations, and the pullback space is relatively large, and the rise is not obvious. However, there is certain support forming at the 2450 line below, and Bitcoin overall is still strong. On the hourly chart, Bitcoin continues to rise, but there is a certain pullback in the short term. Tonight, pay attention to whether the 10.3 line below can form support again after the drop and accumulate strength for another rise. The volatility of Ether has obviously increased in recent days, and both long and short positions should take profits when they see good opportunities. The Bollinger Bands on the four-hour level for Bitcoin have also started to narrow; after forming support at this position, it will continue to rise.
Evening operation suggestions BTC: Long from 10.33 to 10.38, target around 10.55; ETH: Long from 2480 to 2500, target around 2570.
The publication has timeliness, based primarily on real-time. #Launchpad 首发上线 PFVS# #BTC即将创新高吗?# #加密市场反弹#
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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