#Will PEPE become the next DOGE? #

5.22 Bitcoin broke through the high position, how should we rationally deal with the bull market.

On the Bitcoin daily line, a big positive line broke through the upper track, and the current market is running above the upper track. The Bollinger Bands opened slightly, and the short-term moving average ran upward, showing the strength of the market. The MACD fast and slow lines crossed upward through the 0 axis, and the volume column was enlarged twice, indicating that the market was highly active. KDJ crossed upward, but there were signs of turning, and its movement needs to be paid attention to. The VR indicator consolidated around the value of 80, indicating that the market sentiment was positive.

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On the 4-hour chart, the K-line retreated and adjusted at 72132 after a series of positive lines, and closed at a high cross. The Bollinger Bands opened, and the short-term moving average ran upward, but the risk of retracement needs to be paid attention to. The MACD fast and slow lines crossed upward again, and the volume column turned to shrink, but the kDJ turned downward and flattened, indicating that the market may have adjustments. VR indicator is consolidating around 200, and we need to pay attention to changes in market sentiment.

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Overall, this wave of market has gone beyond expectations, and the price directly hit around 72,000, showing the strength of the market. Although the technical side is biased towards bulls, there is also a risk of chasing highs if you intervene directly. Last night's rise was entirely driven by good news, which may bring short-term corrections. My personal operation idea is to arrange long orders around 70,000-69,700, with a target of 71,500. Reasonably control the entry. Short-term trading, at your own risk.

#SLERF##GateLive##SLERF##BABYGROK#

Ether showed a strong breakthrough of a big positive line yesterday. Before that, its overall trend was still in a downward channel. Last night's positive breakthrough even exceeded Bitcoin's pull-up strength, directly catching up with the slow pace. Ether is still some distance away from its short-term high of 4093, and there is still pressure around 3,820 above that needs to be broken.

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This wave of pull-up paused after reaching the short-term high of 3900. It needs to experience a wave of correction in the short term. My personal operation idea is to arrange long orders around 3720, with the target of 3820. Reasonably control the entry. Short-term trading, at your own risk.