【2024.5.18 BTC/ETH intraday market analysis】
The daily line of Bitcoin has gone through several waves of declines. This wave of rebound is the strongest. It has already stood above 66,500, indicating that a new round of market is coming, but you have to pay attention to the negative sentiment of 519 tomorrow. If you have multiple orders, you should pay attention to stop profit or place orders. The callbacks in the past two days are opportunities to build positions!
Bitcoin should have made money by following the rise yesterday. Yesterday's deduction clearly stated that as long as it stands above 65,700, the market will go up, and the target position is 67,200. Yesterday, it rose to 67,400. The rise of Auntie yesterday was a bit unexpected. Today, it directly stood on the long side of the daily line. It is worth noting that 5.23 is the ETF review time of Ethereum. If the review fails, it will continue to fall! #大盘走势
Bitcoin Ethereum intraday trend analysis:
The big cake has risen to the pressure range yesterday, and it is currently trading sideways at the top. Pay attention to the position of 66660 today. This is the bottom support of the sideways zone. If it falls below this position, it will start to pull back in 2 hours. Pay attention to the lower support level near 66186-65120!
As long as it does not fall below the bottom of the sideways zone of 66660 today, the market will continue to rise. The upper target is around 67400-68570-70360. #BTC走势分析
Ether was relatively strong yesterday and today, and is currently rushing to the pressure range of a rebound. Pay attention to the position of 3091 today. As long as it does not fall below this position, the market will continue to rush up. Pay attention to the upper pressure level near 3135-3180-3220!
If it falls below the support level of 3091 today, the 1-hour level will start to pull back. The support levels below are around 3074-3022-2980. #ETH走势分析