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5.7 Midday Bitcoin Ethereum market analysis strategy, ETH is about to upgrade! Short-term strength with an intraday pullback to go long!
Hello everyone, I am analyst Bi Zhi Lun Coin. Today, let's start with Ethereum #ETH. Ethereum will undergo an upgrade at 6 PM Beijing time this afternoon. From the daily chart, the price has once again risen above the MA60 moving average. We need to pay attention to whether it can maintain stability above 1800 during the day. At the one-hour level, we should monitor whether the price can defend the support level at 1815.
ETHUSDT
perpetual
1,833.65
+1.7%
From the daily perspective, Bitcoin closed yesterday with a candle that pierced above the ma5 moving average. Short-term support to watch is around 95500, and pay attention to whether the one-hour support at 95500 is effective. $BTC
BTCUSDT
perpetual
96,706.7
+2.44%
Approach: BTC
Aggressive position: 97000 to go short, target 95500/95000, stop loss 97700
Stable Limit Order: Open long at 95580, target 97500, stop loss 94800
Operating idea: Ether
Aggressive order: Short at 1841, target 1815, stop loss 1855
Steady order: go long at 1815, target 1840, stop loss 1799