Analyst Chen Shu: 5.14 Short-term pullback with slight rebound, midnight market analysis / Accompanying trading strategy

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6 hours ago

Analyst Chen Shu: Short-term rebound on May 14, midnight market analysis / accompanying trading strategy

Market Analysis: Currently, from the trend perspective, Bitcoin's price has once again risen above 10.3. During the high-level consolidation process, we still need to pay attention to whether the daily MA5 moving average can stabilize again. On the 4-hour chart, the price has risen above the MA30 moving average. If it can hold, it will continue to test the high point of 10.5. For short-term support, we only need to focus on the 10.35 level. Ethereum's daily chart has strengthened again, rising above the MA5 moving average. The price may once again test the MA256 moving average, which is the high point of 2650, and we need to pay attention to whether the price can successfully break through 1650.

Trading Strategy (Published at: 00:30):

BTC: Buy at 10.36, add to long position on a pullback to 10.3, target 10.45/10.5; consider short positions at 10.55/10.6.

ETH: Buy at 2570, add to long position on a pullback to 2530, target 2650/2700; consider light short positions above 1650.

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

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