Inaction at the age of twenty has led to helplessness at the age of thirty. Today's mediocrity has led to tomorrow's helplessness. Every result is formed under your previous preparation. In April, the bitcoin price officially completed its fourth halving, but it plummeted by 15%. 270,000 people in the market were liquidated and the market closed with a big negative line that was almost bald and bald, ending the record-breaking 7-day monthly line rise. Almost all the altcoins were cut in half, or even doubled. Lao Xu occasionally looked at the market and many people had shouted that 30,000 had been seen, and even exaggeratedly 10,000 had been seen, and even said that the bull had turned into a bear. This shock and decline that lasted for one and a half months has scared many people. Many friends also asked me privately whether they wanted to cut their losses. It seems that the dealer's goal is about to be achieved. If there is another wave of pins, it is estimated that many retail investors will have to hand over their chips.

So where will the market go in mid-May? Again, the shock wash is excessive. Where is the current top? Where can I buy the bottom? Is the bull market still there? Although it is judged that the bull market has only entered the early and middle stages, the wash in May is inevitable, even if we only look at the technical form: April closed with a big negative line, and in mid-May, there will be a needle. It depends on how deep it is inserted?

Hmm! The key points are highlighted. Xu Bin briefly talks about the technical structure. The daily K-coin price has rebounded from the middle track and detoured near the upper track. At present, it is in the stage of excessive shock and washing. It is clear that the running channel has not broken through. Pay attention to the 68800 line above. In the short term, the upper pressure is effectively tested. The violent stretch of the bald head Yang appears in the weekly K-coin, but the overall coin price has not changed much. The upper ma-5-10 day moving average is also an effective breakthrough. The overall strong rebound sentiment has a taste of spreading. In the short term, you can follow the trend of multiple orders. In the long term, there is not much to say. You can follow the trend range. The weakness has not changed. The key pressure of the 66800_70000 area is stuck and the decline is expected. Next, let's take a look at the trend of the daily K-coin chart with Xu Bin.

BTC long-term: short at rebound 68800-70000, target 62700 60000, defense and move 1500 points

ETH long-term: short at 3188-3200, target 3020 2940, defense 70 points

​Daily K downward running channel has not been broken, the weakness remains unchanged, no matter whether the new or old players are not good at long-term operation, for those who are shrinking, you can consult Xu Bin. #RWA板块涨势强劲 #MemeWatch2024 #机构积极投资比特币ETF #新币挖矿 #BTC走势分析 $BTC $ETH