Zhou Yanling: Bitcoin's Narrow Fluctuation on May 1st May Make a Big Move! Today's Latest Trend Prediction Analysis and Strategy
If you say Bitcoin is thrilling right now? The volatility is just that, but if you think it's very safe? You still have to guard against it breaking down; there hasn't been any major mistakes, it's just uncomfortable to trade, which may be related to the reduced volatility. Previously, entering the market could see single-direction moves of several thousand dollars, but now it's limited to a few hundred dollars. This kind of market situation is unavoidable, whether going long or short feels like squeezing toothpaste. It was like this before the non-farm payrolls, the core point is not to think about breaking down, and definitely not to be afraid of it. Just trade boldly, but it's all short-term anyway, nothing to worry about, this kind of trading is actually safe and pressure-free.
In terms of market trends, the recent hourly K-line has been fluctuating around 95,000, forming a small fluctuation range. On the daily level, the K-lines on April 30th and May 1st show signs of rebound, with the closing price higher than the opening price. The technical indicator MACD histogram on the hourly cycle continues to be positive, indicating strong bullish momentum in the short term, but divergence risk should be noted. The hourly RSI is close to 60, in a neutral to strong area, not yet in the overbought zone, still has room for upward movement. The current price is above EMA7 and gradually approaching EMA30, indicating a short-term upward trend; EMA120 is far below the current price, and the long-term trend remains bullish. Therefore, Yanling's operational thought remains unchanged, waiting for a pullback to go long in the long term, and shorting at high points in the short term.
May 1st Bitcoin Trading Strategy:
Short at 96,000-95,400, stop loss above 96,800, target 94,000-93,400, continue to look for a decline near 92,600.
Long at 93,400-94,000, stop loss below 92,600, target 95,000-95,800.
May 1st Ethereum Trading Strategy:
Long at 1,740-1,770, stop loss below 1,700, target 1,820-1,860.
Short at 1,860-1,830, stop loss above 1,900, target 1,760-1,730.
[The above analysis and strategies are for reference only. Please bear the risk yourself. The article review and publication may have delays, and the strategies may not be timely. Specific operations should follow Yanling's real-time strategies.]
This article is exclusively shared by senior analyst Zhou Yanling (WeChat public account: Zhou Yanling). The author has been engaged in financial market investment research for over ten years, currently mainly analyzing and guiding BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency contracts/spot operations. For more real-time community guidance, consultation on unblocking positions, learning trading skills, etc., you can follow the teacher's public account: Zhou Yanling to find the teacher.
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。
