Bitcoin did not fluctuate much over the weekend. The highest price hit 63450 and was blocked. A big negative line broke through multiple supports and the lowest price hit 60100 and rebounded. It hit 61800 overnight and was blocked and stepped back. At present, the overall continuity and strength are still biased and it is still in the downward channel. The rhythm of stepping back is too circuitous, which has led to the delay in getting out of the unilateral market. In the short term, the box breakthrough can know the future direction. 62000-59500 is particularly critical as a medium-term long-short battle area. Only by breaking the range resistance can the trend be determined. Short-term trading sells high and buys low, and the profit is timely and not lingering. Kongdan continues to look down to the 60000 mark.

The key at present is to pay attention to the structural suppression breakthrough. However, no reversal has been formed at present, and the short-term low has not effectively formed a break, so it will still fluctuate around the range in the short term. It is necessary to pay attention to the break of the 61500-62000 line above. If it cannot break effectively, it is better to maintain the range. The operation is mainly to sell high and buy low.

Monday morning operation suggestions:

Bitcoin: short-term rebound around 62000-61500, short position is possible, target is 60500-60000.

Ether: just follow the same idea, hold the position well, and take good defense! #ETH #BTC走势分析 #5月市场关键事件