Analyst Liang Qiu: 5.16 Bitcoin/Ether Early Morning Market Analysis



Bitcoin/Ethereum laid out the idea of short orders again in the evening, and the market fluctuated all the way to 101300 and 2475, and the short order space was also directly filled. At present, the market has rebounded again, as mentioned earlier, the market has fallen since the high point of 2738, showing a wide range of shock trends, yesterday many times issued a short single entry, including the same this evening, but below 2450 and 101000 there is a certain support to begin to rebound, but the rebound is not a reversal, the market will still fall back after the rise. The negative trend on the daily line has not changed significantly, the MA moving average has begun to turn downward, the pressure on the pie is also moving downward, and the follow-up continues to pay attention to the upper 103600 to 104000 line under pressure, the four-hour level, the K-line at the top of the EMA trend indicator runs bullish contraction, the top pressure moves down, the MACD continues to shrink, the top divergence pattern spreads to the mid-line level trend, and there will be a rush up and down in the evening.

In the early morning operation, Liangqiu suggests shorting Bitcoin around 103300 to 103800, with a target near 101500; shorting Ether around 2570 to 2590, with a target near 2500. The post is time-sensitive, and specifics are based on real-time. #PFVS Launchpad 认购开启# #BTC行情预测# #关税调整#
BTC-1.65%
ETH-2.39%
MA-2.71%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)