5.22 Bitcoin and Ethereum market trend analysis and trading suggestions!

CN
允彦
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6 hours ago

Trading Philosophy: Look at the trend 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 109600, the Bollinger Bands continue to run upwards, the MACD moving averages are starting to turn upwards, bullish volume is beginning to increase again, and the KDJ is continuing to move upwards. On the 4-hour chart, the Bollinger Bands continue to open upwards, the MACD moving averages continue to run upwards, bullish volume continues to increase, and the KDJ line is moving upwards;

For Ethereum, the daily chart continues to close with a doji candlestick around 2550, the Bollinger Bands continue to narrow upwards, the MACD moving averages continue to gently decline, bearish volume is starting to show, and the KDJ line is beginning to move upwards. On the 4-hour chart, the Bollinger Bands continue to run flat, the MACD moving averages continue to gently rise, bullish volume continues to increase slightly, and the KDJ line is starting to move upwards;

Currently, the market trends are not synchronized, with Bitcoin showing strong upward movement. To prevent Ethereum from catching up later, the operational suggestion is to focus on buying on dips. The short position set yesterday saw Bitcoin rise and then fall, so stop loss for Bitcoin and take profit for Ethereum!

Operational Suggestion: Buy on dips!

Buy Bitcoin at 109500-110000, target 112000-113000, stop loss at 108500;

Buy Ethereum at 2570-2600, target 2650-2700, stop loss at 2520;

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

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