Analyst Chen Shu: 5.24 Afternoon Bitcoin and Ethereum Market Analysis Strategy, High Position Pullback Focus on Daily MA10 Support

Yesterday's midnight article analysis provided a Bitcoin short at 110,000 and an Ethereum short at 2,580. The market gave an entry opportunity, and the short position gained 3,000/80 points. Congratulations to those who followed the strategy!

From the daily chart of Bitcoin, yesterday closed with a large bearish candle, and the price broke below the MA5 daily moving average. The short-term support is controlled by the daily MA10 moving average at 10.65. If it continues to pull back and breaks below the MA10 moving average, the short-term bullish trend will come to an end. Looking at the 1-hour chart, the lower support to focus on is the MA256 daily moving average at 10.55, which will be the reference point for long positions.

From the daily chart of Ethereum, yesterday's daily candle closed with a bearish candle that directly broke below the MA5/10 daily moving averages. The strong resistance above remains at the 2,660 level. Looking at the 4-hour chart, the short-term resistance is at the 2,560 level, and the next support is at 2,360. In the short-term 1-hour level, pay attention to the MA256 daily moving average at 2,550, which is the dividing line for long and short positions.

Afternoon Operation Thoughts (Written at: 14:00):

BTC: Long at 106,500, add long at 105,500, target 108,000/109,000; rebound at 108,500 light short, add short at 109,500, target 107,000/106,000.

ETH: Light short at 2,570, add short at 2,620, target 2,500/2,460; long positions follow Bitcoin synchronously.

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

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。