Bitcoin morning market insights on Friday, May 31
In the long journey of life, we have all been groping in the dark, and have faced difficulties and challenges. But remember, every setback is an opportunity for growth, and every difficult moment is a gem for polishing.
Another week is coming to an end, and the market is still difficult to show signs of unilateralism. The high and low points of the 69500-67000 range are still strong. Recently, we have been operating around the range and have also obtained considerable income. The market rebounded to 69500 at midnight and was under pressure again! It is currently running in the 68500 area. There are signs of upward pressure and retracement. In terms of operation, continue to treat it as a range. In the short term, you can pay attention to the decline of the market and participate in it with a high-altitude mindset.
The overall daily structure is still in the high-level oscillation rhythm in the upward trend. The alternating trend of yin and yang has not much continuity. The short-term rebound is blocked and under pressure again. We need to pay attention to the strength of the market's decline. In the 4-hour trend, the overall structure is in a oscillating downward trend. The coin price has a positive line that stretches and touches the upper rail and suppresses it. It falls back instantly and closes a long upper shadow positive line. The rebound momentum is insufficient and begins to fall. In this rhythm where the high and low points of the interval are not broken, continue to maintain high-altitude and low-multiple operations back and forth!
Bitcoin is recommended to short near 68800-69200 in the morning, and the target is 67500-67000
Ethereum is recommended to short near 3780-3820 in the morning, and the target is 3650-3600
When the market fluctuates, don't panic, keep a calm mind and firm determination. Remember, risks and opportunities coexist, and every seemingly difficult choice may lead us to a broader world. #5月市场关键事件 #新币挖矿 #BTC走势分析 #美众议院通过FIT21法案 #现货以太坊ETF获美SEC批准 $BTC $ETH $BNB