5.28 Bitcoin and Ethereum Trend Analysis and Trading Suggestions!

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2 days ago

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

Technical Analysis: For Bitcoin, the daily chart continues to close with a bullish candlestick around 109400, the Bollinger Bands continue to contract upwards, the MACD moving average continues to trend downwards, the bearish volume continues to slightly increase, and the KDJ continues to trend upwards. On the 4-hour chart, the Bollinger Bands have started to flatten, the MACD moving average is trending upwards, the bullish volume continues to slightly increase, and the KDJ line is trending upwards;

For Ethereum, the daily chart continues to close with a doji bullish candlestick around 2560, the Bollinger Bands continue to contract upwards, the MACD moving average continues to trend gently downwards, the bearish volume continues to slightly increase, and the KDJ line continues to trend upwards. On the 4-hour chart, the Bollinger Bands have started to open upwards, the MACD moving average continues to trend upwards, the bullish volume continues to increase, and the KDJ line continues to trend upwards;

Currently, the market trend is still in a consolidation phase, with a pullback strategy for long positions at the upper levels. Both Bitcoin and Ethereum have achieved significant gains, and subsequent operations suggest shorting at high levels!

Operation Suggestion: Short at high levels!

Short Bitcoin at 110000-110500, target 109000-108000, stop loss at 111000;

Short Ethereum at 2670-2700, target 2620-2580, stop loss at 2740;

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

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