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After the Bitcoin CPI news on May 16, the market pulled back, entering a period of observation.

CN
海哥缠论
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1 year ago
AI summarizes in 5 seconds.

Bitcoin

Medium to Long-term Trend:

Bitcoin has experienced a high-level rebound due to the CPI news. It is currently necessary to pay attention to whether the high-level rebound has ended, when it will end, and the sustainability of the uptrend.

There are two possible trends to follow: either a strong and sustained uptrend, or a reversal downtrend after the high-level rebound ends, completing the departure phase of the high-level center and continuing to look for a breakthrough above 60,000.

Short-term Trend:

The short-term uptrend within this level is not diverging. It is expected to oscillate slightly higher at the high level, with a focus on observation. If there is an opportunity for a "three buys," consider taking a short position.

Ethereum:

Medium to Long-term Trend:

It is expected to oscillate in the range of 2800-3400 in the next month.

Short-term Trend:

For intraday trading, the focus is on observation, waiting for a pullback. Consider taking a short position if there is a suitable opportunity.

WLD:

The trend is weak. If there is a good position for a rebound, consider opening a short position.

Sol:

The short term has entered a period of observation.

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Selected Articles by 海哥缠论

7 months ago
Trend Strategy: Short sell Bitcoin in the short term, with a medium to long-term target of 90,000.
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