Yueying: 5.6-7 Bitcoin Ethereum Market Analysis Today — Is There Still Room for a Strong Market to Short? Attached Latest Trend Strategy

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—— Bitcoin Technical Analysis ——

In the previous post, Bitcoin’s market moved out more than 2,000 dollars of space across multiple scenarios. From the daily chart, the previous K keeps holding in an upward channel with consecutive bullish closes. During the day, the open continues the upward move and breaks above the recent highs. The Bollinger Bands are opening upward, and the short-term moving averages are running upward. The MACD fast and slow lines extend upward, and the volume bars expand. The KDJ is running upward—watch the resistance near the 100 value. The VR indicator is consolidating around the 200 value. On the four-hour chart, the market is slowly rising around the moving averages and the upper band, and it is currently running below the upper band. The Bollinger Bands are opening upward, and the short-term moving averages are extending upward. The MACD fast and slow lines are running upward, showing signs of turning. The volume bars are switching between expanding and contracting. After the KDJ turns, it crosses downward—watch the support near the 50 value. The VR indicator is consolidating around the 160 value. Overall, after breaking the previous high, the daily chart has entered three consecutive bullish days, and technically the market continues to stay strong. Yueying’s thinking remains unchanged: while making new highs, you also need to guard against a sudden drop and a washout. So even if you’re bullish, don’t blindly chase. From a broader perspective, the key major range above is around 88,000-90,000. This is the critical major resistance zone for the next stage. In the short term, if you go long, just watch the support at the 80,000 integer level. You can enter if the pullback doesn’t break down or if it’s only a “false break.” The short-term resistance can continue to refer to below the 83,800 area mentioned above. That’s the short-term outlook recommendation.

Bitcoin Short-term Recommendation: 83,300 short, 80,800 long (strategy activation—if it’s profitable, take profit at your own discretion)

—— Ethereum Technical Analysis ——

Ethereum again made a brief false break around 2400, then closed and pulled back downward. It is currently testing the support of the moving averages. For the overall technical trend on the daily and four-hour charts, you can refer to Bitcoin’s analysis with the same logic. For short-term resistance above, watch the 2500 area. For short-term support below, watch the 2300 area. That’s the short-term outlook recommendation.

Ethereum Short-term Recommendation: 2,450 short, 2,330 long (strategy activation—if it’s profitable, take profit at your own discretion)

—— I’m Zhou Yueying, a teacher specializing in technical analysis. If anyone has questions about executions or trend issues, feel free to communicate with me and learn together! Let’s exchange and profit together! $BTC ‌#比特币站稳8万关口 #Gate广场五月交易分享