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5.14 BTC Ether mindset
Yesterday's trend can be described as very happy, with a wave of more than 101,600 orders, 104,300, and 2,600 points of space as a whole. In the early hours of this morning, the currency price began to decline continuously after hitting the 105,000 mark without results, although the decline was not large, but it was also an opportunity for the bears to release their emotions, providing good conditions for the later relay rise of the pie. Judging from the current trend from the 4-hour level, the current price has retraced to the 103600 line, and Fibonacci 382 (103350) is expected to give good support. The MA system crosses above the 10-day 30-day moving average, and the short-term 30-day moving average gives effective support. After a short-term downward adjustment, it is expected that the bulls will still go to the market, and after the market's sentiment is released, the bulls will rush back to the dominant position. The attached indicator MACD, the current fast and slow lines are glued above the zero line, and gradually begin to form a golden cross, and the volume indicator is expected to start the conversion of bulls. On the whole, it is recommended to maintain a long position near 103500 during the day.
Operation idea:
BTC: The current price around 103500 can be used to place a long order, targeting around 105000. If it breaks, look for 107000.
ETH: Go long around 2620, target 2700, if broken look at 2770. #$BTC $ETH Strategy to increase Bitcoin holdings.