5.7 Bitcoin Ethereum Evening Trend Analysis and Operation Suggestions!

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21 hours ago

Trading Philosophy: Look for trends in the long term, find entry points in the short term;

Technical Analysis: For Bitcoin, the daily chart shows a bullish candle near 96800, the Bollinger Bands continue to narrow upwards, the MACD moving averages are running flat, bearish volume is starting to disappear, and the KDJ line is beginning to turn upwards. On the 4-hour chart, the Bollinger Bands continue to open downwards, the MACD moving averages are starting to rise, bullish volume is beginning to increase, and the KDJ line is moving upwards;

For Ethereum, the daily chart shows a small bearish candle near 1820, the Bollinger Bands continue to narrow upwards, the MACD moving averages are steadily rising, bullish volume continues to decrease, and the KDJ line is starting to move upwards. On the 4-hour chart, the Bollinger Bands are beginning to narrow downwards, the MACD moving averages are starting to rise, bullish volume continues to increase, and the KDJ line is moving upwards;

Yesterday's trading suggestion was to short at high levels, and the market has made the expected correction, closing short positions for profit. For the subsequent rebound, continue to short Bitcoin with a stop loss. In the evening, it is recommended to continue shorting, maintaining the oscillation strategy!

Trading Suggestion: Short at high levels!

Short Bitcoin at 97000-97500, target 96000-95000, stop loss at 98500;

Short Ethereum at 1830-1850, target 1780-1750, stop loss at 1880;

The strategy is time-sensitive, please refer to private real-time guidance for specifics!

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