5.8 BTC/ETH trend analysis and operation suggestions

Current price of Bitcoin is 62600, Ethereum is 3020. Let’s review the previous analysis. It was predicted that there would be a short-term correction here. The current correction is basically over. Long orders can enter the market at an appropriate position! Then the Bitcoin weekly line personally believes that this week is a volatile trend, and the downward exploration should also be pulled back! So it is not a big problem to go long! Here it depends on whether macd can form an effective divergence. If it dives, Bitcoin will break a new high on the weekly line!

Then the daily line, daily macd and other indicators are consolidating below the 0 axis, but the previous wave of pullback strength exceeds the high point of the decline, so the bulls will also look at the consolidation after the force! The key point of attention is the opening of macd, and it crosses the 0 axis, driving the weekly line to exert force! The entry focus is the ema99 position! Then the short-term pressure level of Bitcoin is 64500 67300 and the support level is 61600 60500,

Ether is still following the trend here, and there is not much analysis, and it is also mainly low and long! Short-term pressure 3120 3190 support 2945 2860#BTC走势分析 #ETH #BTC