The price of Bitcoin has recently been fluctuating at a high level. Combining this with the four-hour Bollinger Bands, the current price is operating below the middle band.

The forces of bulls and bears are relatively balanced, and the recent price has not been able to break through the high point, while the low point has not significantly risen, indicating an unclear market trend. In the short term, there is a risk of a decline in the market, specifically manifested as a top formation, while the upper band of the Bollinger Bands constitutes short-term resistance. Without a strong breakout, the market may continue to consolidate or slightly retrace in the short term. The upper resistance is in the range of 104800-105800, and the lower support is in the range of 101600-100800.

After a series of highs, the price of Ethereum has also recently seen a significant drop. The price has been operating above the middle band of the Bollinger Bands, with current short-term support in the range of 2540-2560, showing no obvious trend of continued decline. If the price can be effectively supported, it may rise again. If there is limited breakout, the price may reach the next level of support in the range of 2400-2440, with upper pressure at 2680-2720 and lower support at 2400-2440.

Whether the market can continue to consolidate at high levels requires us to respond based on real-time market data and indicators. In the narrow and wide fluctuation trends, we can refer to the main chart's Bollinger Bands and TD (reversal signals), and the secondary chart's RSI (overbought and oversold). In the future, we will provide a more in-depth analysis and application of these indicators in stages. Follow the public account - Bit Bear.

5.15 Strategy Operation Suggestions

Intraday operation suggestions based on the 30-minute and 1-hour cycles.

Bitcoin: Open long positions in batches in the range of 100800-101600, targeting above 103500, with a stop loss below 100000; open short positions in batches in the range of 103800-104800, targeting below 102000, with a stop loss above the previous high.

Ethereum: Open long positions in batches in the range of 2500-2540, targeting above 2580, with a stop loss below 2480; open short positions in batches in the range of 2620-2650, targeting below 2560, with a stop loss above 2680.

【The above analysis and strategies are for reference only. Please bear the risks yourself. The article review and publication may have delays, and the strategies may not be timely. Specific operations should follow the real-time strategies of Bit Bear.】

Public account - Bit Bear

(Note: 📣 Due to the limited timeliness and depth of information on public platforms, the market changes rapidly. Key turning points, precise operational strategies, and sudden risk alerts need to be synchronized in real-time on (public account - Bit Bear). Here, you can obtain: real-time strategy push, in-depth analysis support, interactive Q&A, risk warnings, and optimization suggestions for personal holdings. 🚨 Remember: the market always rewards those who act faster and have more accurate information! Be a winner among the minority.)

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