【2024.5.21 BTC/ETH intraday market analysis】

The current surge is caused by news, so now Bitcoin is close to the previous high of 71,800 on the daily level. This garbage Yitai has increased by nearly 20% in one day. This is the largest increase since the start of the bull market in 2023. The current increase has been synchronized with Bitcoin, so next, this week, wait for opportunities to enter the market at lows, mainly long, and second short thinking. #大盘走势

Yesterday's noon push speech said that Bitcoin will be long unless it falls below 66,200 weekly line. Yesterday afternoon, it fell to 66,236 and went up. And yesterday afternoon, I said in my small family that Bitcoin will change this week if it stands above 66,200. Go long on the callback instead of shorting. This wave of news has increased the assets in everyone's account.

With so much increase in short-term, you can consider taking profits in batches. If there is no bad news, long-term long orders will continue to be held, and spot will continue to be held. If you are afraid, you can also reduce your position! There is no profit in long orders, so wait and see. After a wave of rise, it will basically go sideways at the top, so don't open a short position!

Analysis of Bitcoin and Ethereum's intraday trend:

The big cake pulled to the pressure level of 71800 in the early morning. Pay attention to the small-level pullback during the day today. Long orders are waiting near the support levels of 70440-69200-68200 below.

If there is no pullback at the small level, pay attention to the upper pressure level of 71800-72885-73900! #BTC

The concubine pulled to the upper pressure level of 3735 in the early morning. Pay attention to the small-level pullback during the day today. Long orders are waiting near the support levels of 3585-3530-3428 below.

If there is no pullback at the small level, pay attention to the upper pressure level of 3735-3877-3995! #ETH