5.19 Market Analysis: Bitcoin's False Breakout to the Upside, Bearish Strategy Has Taken Effect

CN
丁君羡
Follow
7 hours ago

Click to view today's video analysis

BTC: The price of Bitcoin peaked at 107,000 in the morning before starting to decline. This aligns with the previously emphasized final wave five rebound high point. A bearish engulfing candlestick has formed on the daily chart, and the upward trend line has been broken. From the current trend, there hasn't been a significant rebound, indicating that this position may break down to a new low, with strong support around 101,500 to watch for.

ETH: Currently, it is still within the upward trend line, but there are already clear signs of weakening. The key support is around 2,280-2,300. If it breaks below this level, the current rebound will be declared over.

For more explanations, please patiently watch the video. If you have any questions, you can follow the public account: Ding Junxian.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Bitget:注册返10%, 送$100
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink