【2024.5.11 BTC/ETH intraday market analysis】
I woke up and opened the exchange with a headache. The market had been rising hard for a day. At night, the Federal Reserve made a generous "hawkish" statement, which led to the delisting of some securitized tokens from CB, and the big bitcoin ether fell accordingly. Old fans know that I would recharge everyone's faith and let everyone buy in every wave of decline, but I didn't say anything about the recent big drop, because I talked about the rebound in my public deduction on the 27th and asked everyone to reduce their positions. I am bearish.
Personally, I think the weekly level callback will not be so fast. Judging from the rebounds at the daily level in these waves, the highs of the rebounds are getting lower and lower, and the bottoms are getting lower and lower. There is no need to enter the market at this price. I will continue to wait for the big bitcoin starting with 4. The callback in the bull market will not come down so quickly. It will slowly fluctuate downward, just like boiling a frog in warm water. #大盘走势
Bitcoin Ethereum intraday trend analysis:
Currently, all levels of Bitcoin are on the short side. Pay attention to the position of 60700 today. As long as it stands firmly at this position, the 1-hour level will start to rebound. Pay attention to the upper pressure level near 61350-61900-63050. Pay attention to the 4-hour rebound if it stands firmly at 61900.
If it fails to rebound today and falls below 60700, it means that the rebound is very weak. The lower support level will first look at the previous low of yesterday. If it breaks, pay attention to the positions of 59800-58670-57630#BTC走势分析
Currently, all levels of Ethereum are on the short side. Pay attention to the position of 2905 today. As long as it stands firmly at this position, the 1-hour level will start to rebound. Pay attention to the upper pressure level near 2940-2975-3020. Pay attention to the 4-hour rebound if it stands firmly at 2974.
If the rebound fails today and falls below 2905, it means the rebound is very weak. Pay attention to the support levels below 2870-2820-2770.
