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Nov 4, 2024
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CKB as the Ideal Layer 2 for BitcoinAs Bitcoin continues to evolve and expand into the decentralized finance (DeFi) ecosystem, the key issue becomes how to extend its functionalities and application scenarios without changing its core architecture. As the core of the Nervos Network, CKB provides a unique Layer 2 solution, making it an ideal platform for Bitcoin expansion. CKB combines PoW (Proof of Work) and the UTXO model, ensuring high security while providing transparency and decentralization. This design allows CKB to seamlessly connect with the Bitcoin network as Layer 2, ensuring the stability and security of cross-chain asset operations.

CKB as the Ideal Layer 2 for Bitcoin

As Bitcoin continues to evolve and expand into the decentralized finance (DeFi) ecosystem, the key issue becomes how to extend its functionalities and application scenarios without changing its core architecture. As the core of the Nervos Network, CKB provides a unique Layer 2 solution, making it an ideal platform for Bitcoin expansion. CKB combines PoW (Proof of Work) and the UTXO model, ensuring high security while providing transparency and decentralization. This design allows CKB to seamlessly connect with the Bitcoin network as Layer 2, ensuring the stability and security of cross-chain asset operations.
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Ethereum once again breaks a new high today, and the trend is again within my predictions. For Ethereum to break new highs, it still needs to pull back and build strength to rise further. At the same time, the layout strategy from last night of going long first and then short has perfectly profited out! 【Analysis of Ethereum price trend from the four-hour chart】 Candlestick pattern: The daily chart shows that the recent price has continuously rebounded from the low point near 2500, forming multiple bullish candles, overall presenting a trend of oscillating upward. On the four-hour cycle, a long upper shadow (high of 2788) appeared at 08:00 on May 29, followed by a pullback, indicating certain selling pressure in the short term. Technical indicators: MACD: In the four-hour cycle, both DIF and DEA are above the zero line, but the histogram is gradually shrinking, indicating weakening momentum; the daily MACD is still in a golden cross state, and the upward momentum has not yet fully exhausted. RSI: The RSI value for the four-hour cycle is 63.7, close to the overbought zone, and may face adjustment pressure in the short term; the daily RSI remains above 60, indicating that the medium-term upward trend is still healthy. EMA: The current price is above EMA7, EMA30, and EMA120, and the moving averages are in a bullish arrangement, providing strong support. Pay attention to the support levels of 2720 (EMA7) and 2620 (EMA30). Trading volume: The daily trading volume has significantly increased since May 27, indicating active market sentiment and intensified long-short battles. In the four-hour cycle, the surge at 08:00 on May 29 was accompanied by huge volume (229259), but subsequent volume has shrunk, requiring caution against short-term pullback risks. Evening Ethereum steady strategy sharing on 5/30: It is recommended to enter short positions near 2740-2760 for Ethereum, with target points: 2720-2700-2660-2640.
Ethereum once again breaks a new high today, and the trend is again within my predictions. For Ethereum to break new highs, it still needs to pull back and build strength to rise further. At the same time, the layout strategy from last night of going long first and then short has perfectly profited out!

【Analysis of Ethereum price trend from the four-hour chart】

Candlestick pattern:

The daily chart shows that the recent price has continuously rebounded from the low point near 2500, forming multiple bullish candles, overall presenting a trend of oscillating upward. On the four-hour cycle, a long upper shadow (high of 2788) appeared at 08:00 on May 29, followed by a pullback, indicating certain selling pressure in the short term.

Technical indicators:

MACD: In the four-hour cycle, both DIF and DEA are above the zero line, but the histogram is gradually shrinking, indicating weakening momentum; the daily MACD is still in a golden cross state, and the upward momentum has not yet fully exhausted.

RSI: The RSI value for the four-hour cycle is 63.7, close to the overbought zone, and may face adjustment pressure in the short term; the daily RSI remains above 60, indicating that the medium-term upward trend is still healthy.

EMA: The current price is above EMA7, EMA30, and EMA120, and the moving averages are in a bullish arrangement, providing strong support. Pay attention to the support levels of 2720 (EMA7) and 2620 (EMA30).

Trading volume:

The daily trading volume has significantly increased since May 27, indicating active market sentiment and intensified long-short battles. In the four-hour cycle, the surge at 08:00 on May 29 was accompanied by huge volume (229259), but subsequent volume has shrunk, requiring caution against short-term pullback risks.

Evening Ethereum steady strategy sharing on 5/30:

It is recommended to enter short positions near 2740-2760 for Ethereum, with target points: 2720-2700-2660-2640.
May 28
Bullish
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On May 28, Bitcoin and Ethereum gradually rose and fluctuated throughout the afternoon. The plan was to initiate long positions around 108500 and near 2620. The market fluctuated and rose, but the upward space for Bitcoin and Ethereum was limited, so it was timely to exit. The long position strategy captured some profit, and the oil investment was also considered successful. At the same time, one can continue to hold and wait for a little more upward space to enter a short position. Recently, the market has been fluctuating around 108823.9 (describing recent price movements). In the short term, the market remains in a consolidation pattern, with the current situation in a standoff between bulls and bears. The MA7 crossing above the MA30 and stabilizing indicates a certain rebound momentum in the short term, but it lacks volume support, making it difficult to form a strong trend in the near future. There is significant resistance at 109252.6 above, while 108178.1 is an important support level, and it may fluctuate within this range. In the evening, Bitcoin can short between 109000-109500, targeting around 107500; Ethereum can short between 2660-2680, targeting around 2580.
On May 28, Bitcoin and Ethereum gradually rose and fluctuated throughout the afternoon. The plan was to initiate long positions around 108500 and near 2620. The market fluctuated and rose, but the upward space for Bitcoin and Ethereum was limited, so it was timely to exit. The long position strategy captured some profit, and the oil investment was also considered successful. At the same time, one can continue to hold and wait for a little more upward space to enter a short position. Recently, the market has been fluctuating around 108823.9 (describing recent price movements). In the short term, the market remains in a consolidation pattern, with the current situation in a standoff between bulls and bears. The MA7 crossing above the MA30 and stabilizing indicates a certain rebound momentum in the short term, but it lacks volume support, making it difficult to form a strong trend in the near future. There is significant resistance at 109252.6 above, while 108178.1 is an important support level, and it may fluctuate within this range. In the evening, Bitcoin can short between 109000-109500, targeting around 107500; Ethereum can short between 2660-2680, targeting around 2580.
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Bitcoin/Ethereum afternoon trend rises again, especially Ethereum which peaked around 2649, showing a noticeable increase. However, without Bitcoin's support, it is difficult for the trend to sustain. There is resistance between 2650 and 2680 for Ethereum, and without significant volume, it is hard to break through. Our shorts that we set up during the day can continue to be held with patience, and if the position allows, we can also add to it, keeping the average price around 2630. The hourly chart has already started to decline, and we can pay attention to the support around 2500. For evening operations, enter a short position on Bitcoin at the current price of around 109600, targeting around 107500; enter a short position on Ethereum at the current price of around 2640, targeting around 2550. $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT)
Bitcoin/Ethereum afternoon trend rises again, especially Ethereum which peaked around 2649, showing a noticeable increase. However, without Bitcoin's support, it is difficult for the trend to sustain. There is resistance between 2650 and 2680 for Ethereum, and without significant volume, it is hard to break through. Our shorts that we set up during the day can continue to be held with patience, and if the position allows, we can also add to it, keeping the average price around 2630. The hourly chart has already started to decline, and we can pay attention to the support around 2500.

For evening operations, enter a short position on Bitcoin at the current price of around 109600, targeting around 107500; enter a short position on Ethereum at the current price of around 2640, targeting around 2550.
$BTC
$ETH
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The precise realization of the above strategy for Bitcoin at 107000 has created a space of over 2000 dollars. Short at 2730, long at 2480, both long and short positions have again yielded over 300 dollars in space. Technical Analysis of Bitcoin and Ethereum ———— Looking at the daily chart of Bitcoin, after Friday's decline, there was a small rebound over the weekend. Currently, it is testing the 110000 level. The Bollinger Bands are narrowing, and the short-term moving averages are trending upward. The MACD fast and slow lines are flattening at a high level, showing signs of potential downward movement, with the volume bars slightly shrinking. The KDJ has turned and we should be cautious of further declines. The VR indicator is consolidating around the value of 150. On the 4-hour chart, the market has seen consecutive bullish rebounds testing the upper band. The Bollinger Bands are also in a narrowing state, and short-term moving averages are running around the middle band. The MACD fast and slow lines have turned and formed a crossover, with volume bars slightly increasing. The KDJ is extending upward, and we should pay attention to the resistance around the value of 100. The VR indicator is consolidating around the value of 60. Overall, the market is in a large range of fluctuations. The resistance at the upper band on the 4-hour chart is what we need to focus on in the short term. Initially, we should reference the resistance for entry, while the support below is at around 107000. Short-term recommendation for Bitcoin: Current price 110000 short (110800 short), long at 107000 (activate strategy and manage profits independently). Ethereum's technical performance is linked to Bitcoin's. Currently, it is testing the short-term resistance area, and in the short term, it can mirror Bitcoin. We should continue to pay attention to support above 2450. Looking at short-term recommendations. Short-term recommendation for Ethereum: Current price 2580 short (2620 short), long at 2480. $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT)
The precise realization of the above strategy for Bitcoin at 107000 has created a space of over 2000 dollars. Short at 2730, long at 2480, both long and short positions have again yielded over 300 dollars in space.

Technical Analysis of Bitcoin and Ethereum ————

Looking at the daily chart of Bitcoin, after Friday's decline, there was a small rebound over the weekend. Currently, it is testing the 110000 level. The Bollinger Bands are narrowing, and the short-term moving averages are trending upward. The MACD fast and slow lines are flattening at a high level, showing signs of potential downward movement, with the volume bars slightly shrinking. The KDJ has turned and we should be cautious of further declines. The VR indicator is consolidating around the value of 150. On the 4-hour chart, the market has seen consecutive bullish rebounds testing the upper band. The Bollinger Bands are also in a narrowing state, and short-term moving averages are running around the middle band. The MACD fast and slow lines have turned and formed a crossover, with volume bars slightly increasing. The KDJ is extending upward, and we should pay attention to the resistance around the value of 100. The VR indicator is consolidating around the value of 60. Overall, the market is in a large range of fluctuations. The resistance at the upper band on the 4-hour chart is what we need to focus on in the short term. Initially, we should reference the resistance for entry, while the support below is at around 107000.

Short-term recommendation for Bitcoin: Current price 110000 short (110800 short), long at 107000 (activate strategy and manage profits independently).

Ethereum's technical performance is linked to Bitcoin's. Currently, it is testing the short-term resistance area, and in the short term, it can mirror Bitcoin. We should continue to pay attention to support above 2450. Looking at short-term recommendations.

Short-term recommendation for Ethereum: Current price 2580 short (2620 short), long at 2480.
$BTC
$ETH
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Recent shipping trends have been fluctuating near the MA(7) and MA(30) moving averages, indicating a state of oscillation and adjustment. The shipping trend reached a high of 111959.5 and has since shown a downward trend, fluctuating around 107007.5. If this level is broken, it may further decline. The current market trend tends to be downward, accompanied by an increase in trading volume, indicating increased selling pressure and strong selling forces. From a four-hour perspective, if the shipping trend continues to operate below the moving averages and breaks the key support level of 107007.5, it may further decline to around 93327.0 to seek support. Conversely, if the shipping trend can break through the recent moving average resistance and rebound, it may indicate the end of the short-term adjustment. Bitcoin can be bought in the range of 106800-106500, targeting around 108500; Ethereum can be bought in the range of 2480-2460, targeting around 2580. $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT)
Recent shipping trends have been fluctuating near the MA(7) and MA(30) moving averages, indicating a state of oscillation and adjustment. The shipping trend reached a high of 111959.5 and has since shown a downward trend, fluctuating around 107007.5. If this level is broken, it may further decline. The current market trend tends to be downward, accompanied by an increase in trading volume, indicating increased selling pressure and strong selling forces.
From a four-hour perspective, if the shipping trend continues to operate below the moving averages and breaks the key support level of 107007.5, it may further decline to around 93327.0 to seek support. Conversely, if the shipping trend can break through the recent moving average resistance and rebound, it may indicate the end of the short-term adjustment. Bitcoin can be bought in the range of 106800-106500, targeting around 108500; Ethereum can be bought in the range of 2480-2460, targeting around 2580.
$BTC
$ETH
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Last night's layout retreated, the pullback was relatively small, no opportunity was found to enter the market. The current price of Bitcoin is fluctuating at a high level, forming multiple long upper and lower shadows, indicating significant uncertainty in the market. The daily chart shows alternating K-lines with large fluctuations, indicating fierce competition between buyers and sellers. The 4-hour MACD is in the negative zone, and the fast and slow lines are gradually approaching the zero axis, suggesting a potential rebound demand in the short term, but overall still leaning towards weakness. Ethereum's 4-hour MACD has a death cross, and the histogram's negative value is expanding, indicating increased bearish momentum. The RSI has fallen to 45 (neutral to weak), with significant downward pressure in the short term. The Bollinger Bands are severely constricted, and the price is operating below the middle track, indicating a bearish trend. Pay attention to support at 106000 and 2450 levels, and it is recommended to enter on the pullback. Operation suggestion: Enter Bitcoin around 106800 to 107300, target near 109000; enter Ethereum around 2460 to 2490, target near 2550. The market conditions are constantly changing. $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT)
Last night's layout retreated, the pullback was relatively small, no opportunity was found to enter the market. The current price of Bitcoin is fluctuating at a high level, forming multiple long upper and lower shadows, indicating significant uncertainty in the market. The daily chart shows alternating K-lines with large fluctuations, indicating fierce competition between buyers and sellers. The 4-hour MACD is in the negative zone, and the fast and slow lines are gradually approaching the zero axis, suggesting a potential rebound demand in the short term, but overall still leaning towards weakness. Ethereum's 4-hour MACD has a death cross, and the histogram's negative value is expanding, indicating increased bearish momentum. The RSI has fallen to 45 (neutral to weak), with significant downward pressure in the short term. The Bollinger Bands are severely constricted, and the price is operating below the middle track, indicating a bearish trend. Pay attention to support at 106000 and 2450 levels, and it is recommended to enter on the pullback.

Operation suggestion: Enter Bitcoin around 106800 to 107300, target near 109000; enter Ethereum around 2460 to 2490, target near 2550. The market conditions are constantly changing.
$BTC
$ETH
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The market performance is beyond expectations. In the afternoon, we adjust the strategy for Dodo, entering Bitcoin and Ethereum around 107600 and 2530 respectively. The market has been fluctuating and rising, reaching a high of 109500 and around 2570. Bitcoin has perfectly reached the target level. Currently, Bitcoin and Ethereum have once again surged and then retreated, paying attention to the support levels around 106500 and 2480. For the evening, it is suggested to continue to buy on the dip. Trading advice: Buy Bitcoin near 107500 to 108000, with a target around 110000. Buy Ethereum near 2500 to 2530, with a target around 2580. The market is constantly changing. $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT)
The market performance is beyond expectations. In the afternoon, we adjust the strategy for Dodo, entering Bitcoin and Ethereum around 107600 and 2530 respectively. The market has been fluctuating and rising, reaching a high of 109500 and around 2570. Bitcoin has perfectly reached the target level. Currently, Bitcoin and Ethereum have once again surged and then retreated, paying attention to the support levels around 106500 and 2480. For the evening, it is suggested to continue to buy on the dip.

Trading advice: Buy Bitcoin near 107500 to 108000, with a target around 110000. Buy Ethereum near 2500 to 2530, with a target around 2580. The market is constantly changing.
$BTC
$ETH
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Bitcoin/Ethereum entered a narrow range of fluctuations after a decline last night, but during the downward process, it did not break below the recent daily low line. Focus on support levels around 106000 and 2480. Trading suggestions: Buy Bitcoin around 107300-107800, target near 110000; Buy Ethereum around 2520-2540, target near 2600. $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT)
Bitcoin/Ethereum entered a narrow range of fluctuations after a decline last night, but during the downward process, it did not break below the recent daily low line. Focus on support levels around 106000 and 2480.

Trading suggestions: Buy Bitcoin around 107300-107800, target near 110000; Buy Ethereum around 2520-2540, target near 2600.
$BTC
$ETH
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Bitcoin/Ethereum early morning layout again with current price of 112000 and 2640 short position strategy. At that time, Bitcoin and Ethereum points were around 111800 and 2640, then it fell all the way down to around 110300 and 2600, followed by Ethereum rebounding again. Currently, Bitcoin is consolidating at a high level, and we continue to look for a pullback in the evening. Operation suggestion: Enter short near Bitcoin 111000, target around 109000; enter short near Ethereum 2660, target around 2580, stop loss at 112500 and 2700. $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT)
Bitcoin/Ethereum early morning layout again with current price of 112000 and 2640 short position strategy. At that time, Bitcoin and Ethereum points were around 111800 and 2640, then it fell all the way down to around 110300 and 2600, followed by Ethereum rebounding again. Currently, Bitcoin is consolidating at a high level, and we continue to look for a pullback in the evening.

Operation suggestion: Enter short near Bitcoin 111000, target around 109000; enter short near Ethereum 2660, target around 2580, stop loss at 112500 and 2700.
$BTC
$ETH
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Bitcoin Ethereum Technical Analysis———— The daily chart for Bitcoin shows the last candle closing bullish, with a new high during the day's opening followed by a pullback. The Bollinger Bands are moving upwards, and the short-term moving averages continue to align upwards. The MACD fast and slow lines are flattening at a high level, showing signs of turning, while the volume bars are slightly increasing. The KDJ is crossing downwards, and the VR indicator is consolidating around the 120 value. On the 4-hour chart, after testing the upper band, the market oscillates with the last candle closing as a bearish candle with an upper shadow. The Bollinger Bands are slightly opening, and the short-term moving averages are moving upwards. The MACD fast and slow lines show signs of turning upwards, with volume bars decreasing, and the KDJ is crossing downwards. The VR indicator is consolidating around the 110 value. Overall, the pullback for Bitcoin is limited, gradually making new highs. It is expected that the market's bearish sentiment towards Bitcoin's resistance area is relatively strong, making a significant drop unlikely. There is a strong suspicion of the main force controlling the market, and short-term selling should continue to reference the previous high and the false break of the previous high. Let's look at short-term suggestions. Short-term suggestion for Bitcoin: Short at 107300 (Short at 108600), Long at 104500 (Strategy activated, profit to be taken at discretion). Ethereum continues to be weaker than Bitcoin, and the market expects a large rebound for Ethereum due to Bitcoin reaching new highs while Ethereum is still stagnant. This has led to the main force continually suppressing it. The heavy market sentiment still requires some cleaning, but there may be a possibility of an explosive move later on; however, attention should remain on short-term operations for now. The short-term strategy remains the same as yesterday's approach. Let's look at short-term suggestions. Short-term suggestion for Ethereum: Short at 2605 (Short at 2708), Long at 2450. For more currency analysis, click the image to view the homepage introduction. $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT)
Bitcoin Ethereum Technical Analysis————

The daily chart for Bitcoin shows the last candle closing bullish, with a new high during the day's opening followed by a pullback. The Bollinger Bands are moving upwards, and the short-term moving averages continue to align upwards. The MACD fast and slow lines are flattening at a high level, showing signs of turning, while the volume bars are slightly increasing. The KDJ is crossing downwards, and the VR indicator is consolidating around the 120 value. On the 4-hour chart, after testing the upper band, the market oscillates with the last candle closing as a bearish candle with an upper shadow. The Bollinger Bands are slightly opening, and the short-term moving averages are moving upwards. The MACD fast and slow lines show signs of turning upwards, with volume bars decreasing, and the KDJ is crossing downwards. The VR indicator is consolidating around the 110 value. Overall, the pullback for Bitcoin is limited, gradually making new highs. It is expected that the market's bearish sentiment towards Bitcoin's resistance area is relatively strong, making a significant drop unlikely. There is a strong suspicion of the main force controlling the market, and short-term selling should continue to reference the previous high and the false break of the previous high. Let's look at short-term suggestions.

Short-term suggestion for Bitcoin: Short at 107300 (Short at 108600), Long at 104500 (Strategy activated, profit to be taken at discretion).

Ethereum continues to be weaker than Bitcoin, and the market expects a large rebound for Ethereum due to Bitcoin reaching new highs while Ethereum is still stagnant. This has led to the main force continually suppressing it. The heavy market sentiment still requires some cleaning, but there may be a possibility of an explosive move later on; however, attention should remain on short-term operations for now. The short-term strategy remains the same as yesterday's approach. Let's look at short-term suggestions.

Short-term suggestion for Ethereum: Short at 2605 (Short at 2708), Long at 2450. For more currency analysis, click the image to view the homepage introduction.
$BTC
$ETH
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Bitcoin Auntie has once again staged a wide-ranging fluctuation in the past few days, but while the volatility is large, the space is also relatively wide. Currently, after Bitcoin Auntie surged again in the early session, the trend has fallen back. In fact, we have set up multiple long positions last night, and the opening this morning has been a continuous short position, which still maintains a short outlook. After all, one should follow the trend when it arrives. The four-hour level market has once again surged and then retreated, currently arriving at the middle track of the Bollinger Bands, and the market will continue to decline, focusing on the short-term support around 2400 and 102800. In terms of Bitcoin Auntie's candlestick pattern, the recent price has fluctuated at a high level, forming multiple long upper and lower shadows, indicating a significant divergence between bulls and bears in the market. The daily level has shown consecutive bearish candles, indicating strong selling pressure in the short term. In terms of technical indicators, the MACD on the four-hour cycle is in positive territory, but the fast and slow lines are gradually approaching, and the momentum bars are shrinking, suggesting a potential adjustment risk. Despite the relative strength of the current pullback, there is still room for further adjustment in the evening. Evening Operation Suggestions: BTC: 104500 to 105000, target around 103000; ETH: 2480 to 2500, target around 2400. $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT)
Bitcoin Auntie has once again staged a wide-ranging fluctuation in the past few days, but while the volatility is large, the space is also relatively wide. Currently, after Bitcoin Auntie surged again in the early session, the trend has fallen back. In fact, we have set up multiple long positions last night, and the opening this morning has been a continuous short position, which still maintains a short outlook. After all, one should follow the trend when it arrives. The four-hour level market has once again surged and then retreated, currently arriving at the middle track of the Bollinger Bands, and the market will continue to decline, focusing on the short-term support around 2400 and 102800.

In terms of Bitcoin Auntie's candlestick pattern, the recent price has fluctuated at a high level, forming multiple long upper and lower shadows, indicating a significant divergence between bulls and bears in the market. The daily level has shown consecutive bearish candles, indicating strong selling pressure in the short term. In terms of technical indicators, the MACD on the four-hour cycle is in positive territory, but the fast and slow lines are gradually approaching, and the momentum bars are shrinking, suggesting a potential adjustment risk. Despite the relative strength of the current pullback, there is still room for further adjustment in the evening.

Evening Operation Suggestions: BTC: 104500 to 105000, target around 103000; ETH: 2480 to 2500, target around 2400.
$BTC
$ETH
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The afternoon layout focuses on high-level entry points; enter Bitcoin around 106400 and Ethereum near 2580. The market has been fluctuating downwards, reaching a low of around 104900 and 2490. After that, it regained 1500 and 80 points of space. Currently, the market is rising again, so pay attention to the breakthrough situation around 106600 and 2600. In the evening, it is recommended to continue increasing the entry point. Operational suggestion: enter Bitcoin around 105800 to 106300, targeting near 104000. For Ethereum, enter around 2550 to 2580, targeting near 2480. #币安Alpha推出MERL交易竞赛 #币安Alpha上新 #GENIUS稳定币法案 $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT)
The afternoon layout focuses on high-level entry points; enter Bitcoin around 106400 and Ethereum near 2580. The market has been fluctuating downwards, reaching a low of around 104900 and 2490. After that, it regained 1500 and 80 points of space. Currently, the market is rising again, so pay attention to the breakthrough situation around 106600 and 2600. In the evening, it is recommended to continue increasing the entry point.

Operational suggestion: enter Bitcoin around 105800 to 106300, targeting near 104000. For Ethereum, enter around 2550 to 2580, targeting near 2480. #币安Alpha推出MERL交易竞赛 #币安Alpha上新 #GENIUS稳定币法案 $BTC $ETH
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5.20 Afternoon Bitcoin and Ethereum Market Analysis Strategy, Short-term Recovery Focus on 10.4 Support From the daily chart perspective, Bitcoin's price dipped below the daily MA5/10 moving average yesterday but has since recovered. Currently, short-term support focuses on the daily 10.48/10.4 levels. The 4-hour chart shows a continuous series of red candlesticks, with the price remaining above the MA5/10 daily moving averages. The key short-term support to watch is at the 4-hour MA30/60 daily moving averages, which is at the 10.4 level. Looking at Ethereum from the daily perspective, yesterday's daily chart again formed a long red candlestick with a long lower shadow. The key short-term resistance level remains at the daily MA256 moving average, which is at the 2650 level. The intraday rebound resistance area to watch is the breakout situation at this level, while short-term support focuses on the 1-hour MA256 moving average at the 2510 level. Afternoon Trading Thought (Written at: 14:30): BTC: Long at 10.48, add to long at 10.4, target 10.55/10.65; consider short positions above 10.7 ETH: Long at 2510, add to long at 2470, target 2560/2600; short at the upper levels of 2650/2700 $BTC {future}(BTCUSDT)
5.20 Afternoon Bitcoin and Ethereum Market Analysis Strategy, Short-term Recovery Focus on 10.4 Support

From the daily chart perspective, Bitcoin's price dipped below the daily MA5/10 moving average yesterday but has since recovered. Currently, short-term support focuses on the daily 10.48/10.4 levels. The 4-hour chart shows a continuous series of red candlesticks, with the price remaining above the MA5/10 daily moving averages. The key short-term support to watch is at the 4-hour MA30/60 daily moving averages, which is at the 10.4 level.

Looking at Ethereum from the daily perspective, yesterday's daily chart again formed a long red candlestick with a long lower shadow. The key short-term resistance level remains at the daily MA256 moving average, which is at the 2650 level. The intraday rebound resistance area to watch is the breakout situation at this level, while short-term support focuses on the 1-hour MA256 moving average at the 2510 level.

Afternoon Trading Thought (Written at: 14:30):

BTC: Long at 10.48, add to long at 10.4, target 10.55/10.65; consider short positions above 10.7

ETH: Long at 2510, add to long at 2470, target 2560/2600; short at the upper levels of 2650/2700
$BTC
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After a wave of waterfall in Ethereum during the early morning, the trend has changed accordingly. Last week, I informed everyone that the upward momentum was weakening, and operations must be cautious—do not chase highs. Meanwhile, the short positions held by the market makers have been successfully harvested, and the current trend mainly focuses on harvesting long positions, which confirms that the layout is correct. 【Analysis of Ethereum Price Trend from Four-Hour Chart】 K-Line Pattern: Recently, the price has shown significant fluctuations at high levels, forming a large volatility range. There have been multiple long lower shadows on the daily chart, indicating strong buying power, but overall it is still in a correction phase. Technical Indicators: MACD: The MACD on the 4-hour cycle continues to operate in the negative value area, and the fast and slow lines are gradually approaching the zero axis, indicating that the current market is in a weak state and may continue to adjust. RSI: The RSI value hovers around 40, not entering the oversold area, indicating that market sentiment is neutral, and it may maintain fluctuations in the short term. EMA: The EMA7 and EMA30 moving averages are in a bearish arrangement, with the price below these two moving averages, indicating a weak short-term trend. The EMA120 is far from the current price, indicating that long-term support has not yet been reached. Trading Volume: In recent days, the trading volume has increased, especially during sharp price fluctuations, indicating an increase in market participant activity. After the sharp decline, the trading volume significantly increased, suggesting heightened selling pressure, while there may also be funds entering to buy on dips. Evening of 5/19 Ethereum Stable Profit Layout: It is recommended to enter short positions around the 2440-2460 area for Ethereum, with target points: 2420-2380-2340. If the trend spikes again, watch 2330-2270. $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT)
After a wave of waterfall in Ethereum during the early morning, the trend has changed accordingly. Last week, I informed everyone that the upward momentum was weakening, and operations must be cautious—do not chase highs. Meanwhile, the short positions held by the market makers have been successfully harvested, and the current trend mainly focuses on harvesting long positions, which confirms that the layout is correct.

【Analysis of Ethereum Price Trend from Four-Hour Chart】

K-Line Pattern:

Recently, the price has shown significant fluctuations at high levels, forming a large volatility range. There have been multiple long lower shadows on the daily chart, indicating strong buying power, but overall it is still in a correction phase.

Technical Indicators:

MACD: The MACD on the 4-hour cycle continues to operate in the negative value area, and the fast and slow lines are gradually approaching the zero axis, indicating that the current market is in a weak state and may continue to adjust.

RSI: The RSI value hovers around 40, not entering the oversold area, indicating that market sentiment is neutral, and it may maintain fluctuations in the short term.

EMA: The EMA7 and EMA30 moving averages are in a bearish arrangement, with the price below these two moving averages, indicating a weak short-term trend. The EMA120 is far from the current price, indicating that long-term support has not yet been reached.

Trading Volume:

In recent days, the trading volume has increased, especially during sharp price fluctuations, indicating an increase in market participant activity. After the sharp decline, the trading volume significantly increased, suggesting heightened selling pressure, while there may also be funds entering to buy on dips.

Evening of 5/19 Ethereum Stable Profit Layout:

It is recommended to enter short positions around the 2440-2460 area for Ethereum, with target points: 2420-2380-2340. If the trend spikes again, watch 2330-2270.
$BTC
$ETH
See original
The strategy for Bitcoin and Ethereum yesterday was to enter at lower levels. Entering Bitcoin around 93500 and Ethereum around 1760, the highest prices reached so far are around 95000 and 1818, capturing about 1500 points and more than 50 points of space. The strategy has been successfully validated, and Bitcoin's current price is fluctuating around 95000. The MACD shows a bullish trend, but the fast and slow lines are gradually converging, facing potential pullback pressure. The RSI is close to the overbought area, with a value of 54.6, indicating a risk of pullback in the short term. Ethereum is following Bitcoin's pullback. Pay attention to the breakout situation above 96000 and 1850. It is recommended to enter at high levels during the day. Operation suggestion: Enter Bitcoin around 95300 to 95800, targeting around 93000. Enter Ethereum around 1810 to 1840, targeting around 1760. Market conditions are constantly changing, and the article is time-sensitive $BTC {future}(BTCUSDT)
The strategy for Bitcoin and Ethereum yesterday was to enter at lower levels. Entering Bitcoin around 93500 and Ethereum around 1760, the highest prices reached so far are around 95000 and 1818, capturing about 1500 points and more than 50 points of space. The strategy has been successfully validated, and Bitcoin's current price is fluctuating around 95000. The MACD shows a bullish trend, but the fast and slow lines are gradually converging, facing potential pullback pressure. The RSI is close to the overbought area, with a value of 54.6, indicating a risk of pullback in the short term. Ethereum is following Bitcoin's pullback. Pay attention to the breakout situation above 96000 and 1850. It is recommended to enter at high levels during the day.

Operation suggestion: Enter Bitcoin around 95300 to 95800, targeting around 93000. Enter Ethereum around 1810 to 1840, targeting around 1760. Market conditions are constantly changing, and the article is time-sensitive $BTC
See original
The above strategy for Bitcoin is to short at 95300, and for Ethereum Classic at 1838. Once again, precise transactions were made, with Bitcoin showing a range of about 1500 dollars and Ethereum Classic showing a range of over 50 dollars. Bitcoin Technical Analysis ———— Looking at the daily chart, Bitcoin continues to maintain a high-level range fluctuation. The previous candlestick closed bearish, and there was a slight rebound at the opening today, once again testing the 7-day moving average. The Bollinger Bands are opening upwards, and the short-term moving averages continue to align upwards. The MACD fast and slow lines are extending upwards with signs of a turn, while the volume bars continue to shrink. The KDJ is turning downwards, and the VR indicator is consolidating around the 260 level. On the 4-hour chart, the price continues to stay within the Bollinger Bands range, which are narrowing and flattening out. The short-term moving averages are revolving around the middle track. The MACD fast and slow lines are extending downwards with increasing volume, and the KDJ is crossing downwards. The VR indicator is consolidating near the 100 level. Overall, the market has not broken the range temporarily, but Yuying believes that the point of change is getting closer, likely within the next 2 days. Short-term operations should continue to be referenced according to the previous ideas, and adjustments should be made after a breakout occurs. The strategy remains unchanged, focusing on short-term recommendations. Bitcoin Short-Term Recommendation: Short at 95300, (short at 96600), long at 92800 (long at 91880) (activate the strategy and take profit at your discretion) Ethereum Classic Technical Analysis ———— The daily chart for Ethereum Classic also shows no changes, so it similarly follows Bitcoin for reference, with the short-term strategy remaining unchanged. If the resistance above continues to hold, the probability of a downward move will increase, and the short-term strategy should continue to refer to the previous section for recommendations. Ethereum Classic Short-Term Recommendation: Short at 1838 (short at 1888), long at 1738 (long at 1688) (activate the strategy and take profit at your discretion) $BTC {future}(BTCUSDT)
The above strategy for Bitcoin is to short at 95300, and for Ethereum Classic at 1838. Once again, precise transactions were made, with Bitcoin showing a range of about 1500 dollars and Ethereum Classic showing a range of over 50 dollars.

Bitcoin Technical Analysis ————

Looking at the daily chart, Bitcoin continues to maintain a high-level range fluctuation. The previous candlestick closed bearish, and there was a slight rebound at the opening today, once again testing the 7-day moving average. The Bollinger Bands are opening upwards, and the short-term moving averages continue to align upwards. The MACD fast and slow lines are extending upwards with signs of a turn, while the volume bars continue to shrink. The KDJ is turning downwards, and the VR indicator is consolidating around the 260 level. On the 4-hour chart, the price continues to stay within the Bollinger Bands range, which are narrowing and flattening out. The short-term moving averages are revolving around the middle track. The MACD fast and slow lines are extending downwards with increasing volume, and the KDJ is crossing downwards. The VR indicator is consolidating near the 100 level. Overall, the market has not broken the range temporarily, but Yuying believes that the point of change is getting closer, likely within the next 2 days. Short-term operations should continue to be referenced according to the previous ideas, and adjustments should be made after a breakout occurs. The strategy remains unchanged, focusing on short-term recommendations.

Bitcoin Short-Term Recommendation: Short at 95300, (short at 96600), long at 92800 (long at 91880) (activate the strategy and take profit at your discretion)

Ethereum Classic Technical Analysis ————

The daily chart for Ethereum Classic also shows no changes, so it similarly follows Bitcoin for reference, with the short-term strategy remaining unchanged. If the resistance above continues to hold, the probability of a downward move will increase, and the short-term strategy should continue to refer to the previous section for recommendations.

Ethereum Classic Short-Term Recommendation: Short at 1838 (short at 1888), long at 1738 (long at 1688) (activate the strategy and take profit at your discretion)
$BTC
See original
The current daily level golden cross of Bitcoin continues, but the red bar momentum is weakening. The 4-hour level shows signs of a top divergence, indicating short-term pullback pressure. The middle track support is at 93500, and the upper track pressure is at 96000. The narrowing of the Bollinger Bands suggests that volatility may increase. Ethereum's daily level is consolidating, and the red bar on the 4-hour chart is shortening, showing a balance of strength. The RSI is in a neutral zone (55-60), with no obvious overbought or oversold signals. Pay attention to support levels around 93000 and near 1740. It is recommended to enter low positions during the day. Trading suggestion: Enter low positions for Bitcoin around 93500 to 94000, targeting near 95500. Enter low positions for Ethereum around 1760 to 1790, targeting near 1860. Market conditions are constantly changing, and the article is time-sensitive $BTC {future}(BTCUSDT)
The current daily level golden cross of Bitcoin continues, but the red bar momentum is weakening. The 4-hour level shows signs of a top divergence, indicating short-term pullback pressure. The middle track support is at 93500, and the upper track pressure is at 96000. The narrowing of the Bollinger Bands suggests that volatility may increase. Ethereum's daily level is consolidating, and the red bar on the 4-hour chart is shortening, showing a balance of strength. The RSI is in a neutral zone (55-60), with no obvious overbought or oversold signals. Pay attention to support levels around 93000 and near 1740. It is recommended to enter low positions during the day.

Trading suggestion: Enter low positions for Bitcoin around 93500 to 94000, targeting near 95500. Enter low positions for Ethereum around 1760 to 1790, targeting near 1860. Market conditions are constantly changing, and the article is time-sensitive $BTC
See original
Bitcoin Technical Analysis———— The daily chart shows a bullish candlestick for the previous K, which has re-established itself above the 7-day moving average. The opening price tested the 7-day moving average and has temporarily found support. The Bollinger Bands are opening upwards, and the short-term moving averages are aligned upwards. The MACD fast and slow lines are extending upwards, with the volume bars decreasing. The KDJ is moving upwards again, and attention should be paid to the resistance near the 100 level. The VR indicator is consolidating around the 280 level, and the RSI is oscillating in the overbought zone. On the 4-hour chart, the price is oscillating within the Bollinger Bands, testing the upper band again. The Bollinger Bands continue to maintain a narrow flat range, with short-term moving averages running around the mid-band. The MACD fast and slow lines are trending downwards, showing signs of a turnaround, with decreasing volume bars. The KDJ is extending upwards again, and attention should be paid to the resistance near the 100 level. The VR indicator is consolidating around the 180 level. Overall, the technical outlook is bullish, but one should be cautious as new highs are reached, as the divergence on the 4-hour chart has not been corrected yet. Therefore, in the short term, continue to use the previous high area as a reference for resistance, and secondarily the area below 97000. Short-term suggestions are as follows. Bitcoin short-term suggestions: 95300 short, (96600 short), 92800 long, (91880 long) (activate strategy at profit discretion) Ethereum Technical Analysis———— The daily chart of Ethereum is currently testing the upper band and the 60-day moving average area. The short-term outlook remains unchanged as previously mentioned, and the strategy is the same. If it breaks out, it will readjust. Overall, the technical situation is linked to Bitcoin for reference. Short-term suggestions are as follows. Ethereum short-term suggestions: 1838 short, (1888 short), 1738 long, (1688 long) (activate strategy at profit discretion) $BTC {future}(BTCUSDT)
Bitcoin Technical Analysis————

The daily chart shows a bullish candlestick for the previous K, which has re-established itself above the 7-day moving average. The opening price tested the 7-day moving average and has temporarily found support. The Bollinger Bands are opening upwards, and the short-term moving averages are aligned upwards. The MACD fast and slow lines are extending upwards, with the volume bars decreasing. The KDJ is moving upwards again, and attention should be paid to the resistance near the 100 level. The VR indicator is consolidating around the 280 level, and the RSI is oscillating in the overbought zone. On the 4-hour chart, the price is oscillating within the Bollinger Bands, testing the upper band again. The Bollinger Bands continue to maintain a narrow flat range, with short-term moving averages running around the mid-band. The MACD fast and slow lines are trending downwards, showing signs of a turnaround, with decreasing volume bars. The KDJ is extending upwards again, and attention should be paid to the resistance near the 100 level. The VR indicator is consolidating around the 180 level. Overall, the technical outlook is bullish, but one should be cautious as new highs are reached, as the divergence on the 4-hour chart has not been corrected yet. Therefore, in the short term, continue to use the previous high area as a reference for resistance, and secondarily the area below 97000. Short-term suggestions are as follows.

Bitcoin short-term suggestions: 95300 short, (96600 short), 92800 long, (91880 long) (activate strategy at profit discretion)

Ethereum Technical Analysis————

The daily chart of Ethereum is currently testing the upper band and the 60-day moving average area. The short-term outlook remains unchanged as previously mentioned, and the strategy is the same. If it breaks out, it will readjust. Overall, the technical situation is linked to Bitcoin for reference. Short-term suggestions are as follows.

Ethereum short-term suggestions: 1838 short, (1888 short), 1738 long, (1688 long) (activate strategy at profit discretion)
$BTC
See original
Yesterday's article provided a long and short range of 9.38-9.55, and Ethereum offered a long and short range of 1750-1830. The market provided entry opportunities that basically maintained the volatility consistent with the article's strategy. Congratulations to those who followed the strategy. From the daily chart, Bitcoin closed a red candlestick yesterday, with the price oscillating and adjusting around the MA5 moving average. On the 4-hour chart, the short-term trend is adjusting around the MA30 moving average. Pay attention to whether the price can continue to hold above this line at 9.42; if it can hold steadily, the short-term will continue to maintain high-level fluctuations. Looking at Ethereum from the daily chart, the price oscillated slightly yesterday, similarly fluctuating around the MA5 moving average. On the 4-hour chart, the price is also above the MA256 moving average, which is at 1780. The overall analysis remains consistent with yesterday's analysis, focusing on the gains and losses at 1780. Afternoon operation strategy (writing time: 13:30): BTC: Long at 9.36, add long at 9.3 on pullback, target 9.45/9.55; short at 9.5/9.55, looking at 9.4/9.2. ETH: Long at 1760, add long at 1730 on pullback, target 1800/1830; short at 1815/1840, looking at 1780/1750.
Yesterday's article provided a long and short range of 9.38-9.55, and Ethereum offered a long and short range of 1750-1830. The market provided entry opportunities that basically maintained the volatility consistent with the article's strategy. Congratulations to those who followed the strategy.

From the daily chart, Bitcoin closed a red candlestick yesterday, with the price oscillating and adjusting around the MA5 moving average. On the 4-hour chart, the short-term trend is adjusting around the MA30 moving average. Pay attention to whether the price can continue to hold above this line at 9.42; if it can hold steadily, the short-term will continue to maintain high-level fluctuations.

Looking at Ethereum from the daily chart, the price oscillated slightly yesterday, similarly fluctuating around the MA5 moving average. On the 4-hour chart, the price is also above the MA256 moving average, which is at 1780. The overall analysis remains consistent with yesterday's analysis, focusing on the gains and losses at 1780.

Afternoon operation strategy (writing time: 13:30):

BTC: Long at 9.36, add long at 9.3 on pullback, target 9.45/9.55; short at 9.5/9.55, looking at 9.4/9.2.

ETH: Long at 1760, add long at 1730 on pullback, target 1800/1830; short at 1815/1840, looking at 1780/1750.
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