Analysis of Bitcoin and Ethereum Market on May 13: Today’s Highlights of BTC and ETH

BTC: After the sharp drop last Friday, it entered a two-day adjustment with shrinking volume and rebounded slightly. Technically, the daily seven-day moving average pressure level of 61,800 failed to attack twice, and the overall trend is still weak. The short-term breakthrough and stabilization of 63,000 points will usher in a rebound opportunity for the cottage market. The intraday market is still dominated by bearishness, with upper resistance at 61,800 points and lower support at 60,000 points.

ETH: After the shrinking adjustment, it rebounded slightly to the daily seven-day moving average of 2950, ​​and continued to maintain the downward trend. The overall trend continued this downward trend. The rebound market can only be started after a short-term breakthrough and stabilization of 2950. The intraday market is dominated by high-altitude, with attention paid to the short-selling opportunity of 2900 above and the target below at 2800 points.

Cottage: Over the weekend, the big cake rebounded slightly with shrinking volume, and the cottage market is still particularly weak. The third wave of decline has not yet ended, and the cottage market band trading opportunity has not yet arrived. In the short term, it is mainly wait-and-see. The short selling of NEAR that has been talked about recently is still going on. The current decline is 12%. In the short term, continue to pay attention to around 6.

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