Analyst Chen Shu: 5.10 Afternoon Bitcoin and Ethereum Market Analysis Strategy, Short-term High-level Fluctuations May Slightly Rebound.

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2 hours ago

Analyst Chen Shu: 5.10 Afternoon Bitcoin and Ethereum Market Analysis Strategy, Short-term High-level Fluctuation May Slightly Rebound

From the daily chart of Bitcoin, yesterday closed with a green doji candlestick, and the price maintained a high-level fluctuation around 10.3, indicating that the short-term bullish momentum has been released. If there is a short-term pullback, pay attention to the daily MA5 moving average at 10.06. On the 4-hour chart, if there is a short-term pullback to the MA5/10 moving average at 10.28, watch whether the pullback breaks below 10.3. If it breaks, the short-term will continue to slightly adjust to the 10.15/10.1 range.

From the daily chart of Ethereum, yesterday once again released bullish energy and broke above the daily MA120 moving average at 2300, closing with a red candlestick with an upper shadow. During the day, pay attention to whether the pullback can hold at 2300, which is also the support of the 1/4 hour moving average. The short-term resistance level is at 2380.

Afternoon Operation Ideas (Written at: 13:30):

BTC: The weekend volatility is not large, maintain a high sell and low buy strategy within the 10.35-10.22 range, and tomorrow's article will provide trend analysis.

ETH: Treat it within the 2350-2280 range for the day.

The daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can give a free follow, bookmark, like, and comment, thank you all, and feel free to leave a message below for discussion; I will reply one by one!

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