Analyst Liang Qiu: 5.4 BTC ETH latest trend analysis

BTC and ETH once again set up buy orders for the pullback near 95300 to 95800 and 1800 to 1810 yesterday. The overall volatility of BTC is not large, and ETH also successfully rose to around 1850 after a retracement. The overall space is still quite good, and the weekend's fluctuating market shows that such volatility is still very favorable. Continued attention should be paid to the support levels around 95000 and 1780; if these supports hold, the market will continue to move in a fluctuating upward trend. The weekly level is also showing a series of positive candles, indicating that the larger trend is continuously moving upward. However, during contract operations, it is necessary to manage the waves well and guard against pullbacks if resistance is encountered during the upward movement.

On the daily MA indicator, the 7-day and 10-day moving averages are still showing an upward trend, with no signs of turning down. The moving average support corresponds exactly to the heavily concentrated support levels of 95000 and 1780. The four-hour Bollinger Bands are slowly narrowing, and as the price approaches the lower band area, it's a decisive opportunity to go long, with still considerable space above, especially as ETH will also see a rebound.

Operationally, Liang Qiu recommends entering a long position on Bitcoin around 95000 to 95500, with a target near 97500; for Ethereum, enter a long position around 1800 to 1820, with a target near 1880.

Daily strategy analysis is limited, and the market is volatile, mainly based on real-time data. #Gate.io 空投发现指南 #美联储5月利率预测 #五月行情预测