Bitcoin saw a strong rise in the evening, approaching the historic point of 110000, reaching a peak of around 109400. Recently, the bulls managed to regain their strength after several declines, indicating strong momentum.
The daily candle for Bitcoin (大饼) shows a significant increase, but as the points rise, pressure from above increases. In the face of pressure at high levels, we present a new strategy: sell Bitcoin in the range of 109000 - 109500, focusing on support at 107000; and enter a sell position for Ethereum (以太) in the range of 2560 - 2580, targeting 2500. If Bitcoin breaks through 110000 and stabilizes, we can enter a buy position, preparing for both defense and offense; stay tuned for the market!
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Evening strategy tips 21/5:
Bitcoin saw a strong rise in the evening, approaching the historic point of 110000, reaching a peak of around 109400. Recently, the bulls managed to regain their strength after several declines, indicating strong momentum.
The daily candle for Bitcoin (大饼) shows a significant increase, but as the points rise, pressure from above increases. In the face of pressure at high levels, we present a new strategy: sell Bitcoin in the range of 109000 - 109500, focusing on support at 107000; and enter a sell position for Ethereum (以太) in the range of 2560 - 2580, targeting 2500. If Bitcoin breaks through 110000 and stabilizes, we can enter a buy position, preparing for both defense and offense; stay tuned for the market!