5.18 Daily rebound has not ended, weekend copycat rebound

The cooling of the CPI report was indifferent, and the Fed's Bowman spoke again. The inflation target of 2% has not been achieved, and the recent surge in commodities such as crude oil and metals may usher in the risk of secondary inflation again. This round of rebound in May is foreseeable, but the possibility of starting a bull market in turn is not high, and the time cycle has not been reached.

The short-term increase in Bitcoin has not ended, and the size of Tether is growing. There will still be funds flowing into the market in the future. At least this round of increase is foreseeable, and the future decline in liquidation of most miners is also foreseeable.

The possibility of another interest rate hike is not great, but in the medium and long term, it is not the bottom at this time, and it is still possible to be hit by news again.

Daily level market

- ​​The daily level is close to the upper rail pressure, with a strong trend, but the upper side is about to reach the key long-short boundary position. 67500-68500 are both strong and weak boundary lines. Only after breaking through this position can the market be considered strong. If it fails to break through this round of daily level reversal, it will be considered to be over. The bottom near 65500 and near 64500 have become strong support at the daily level.

4-hour level market

The 4-hour level has a large-scale slow rise and oscillation trend, which is temporarily strong, but Bitcoin will fluctuate mainly over the weekend, focusing on the support near 65700 and 64400.

Intraday level analysis

-----Bitcoin has upper pressure during the day, and it will fluctuate in the range after the callback. It fluctuates between 67500 --- 65700. Pay attention to trying to stop loss and enter the market near the fluctuating trend.

In the large-scale upward trend, the long position can be entered again to fluctuate within the range after stepping back on the support. The upper pressure is around 67500, and the bottom support is around 66000-65700. After breaking through, the small-level decline continues to hold, and the support position around 64500 can be seen.

I don’t think the market will break through in the morning, and I don’t think that the big cake will break through at the weekend, but you can choose to pay attention to the altcoin and Ethereum. In the short term, there will be a small market for the altcoin.

The market has changed very quickly recently. If you want to adjust your position or don’t understand the trend, you are welcome to communicate and learn. #机构积极投资比特币ETF #BTC走势分析 $BTC