🔥05.14 BTC Today's Market Analysis👇+ Chart Analysis of Resistance

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In the early morning, BTC broke through the trend suppression level near 103,500, rising as high as 104,800, and fell back again, and is currently near 103,500. The trend chart is as shown in the figure, BTC continues to pay attention to the previous high level near 104800 above the intraday level, and it is recommended to rebound 104800-104500 range without breaking the short, and then short near 105800 when it is broken; The following short-term focus on the long-short demarcation point near 103300, it is recommended that the 101500-101800 range can be long, and the break can be more near 100800.
🎉 ======================= Technically, the 12-hour Bollinger band opening, two positive columns in a row, continued to fall after the suppression near 105000, and has fallen below MA5 and MA10. The 6-hour Bollinger bands are shrunk, charging one to the hammer cross, there is currently a break below the MA5, MA10 and the middle band to cross the support near 103500, once it stands below, the target can pay attention to the support formed by the cross between the lower band and the MA30 near 102000. In addition, the MACD indicator still maintains a golden cross, and the price stands above the 20-day and 50-day moving averages ($100,890 - $102,822), indicating that the medium- and long-term ascending channel has not been destroyed, and the bullish trend still has some support at the daily level. However, at the same time, the daily MACD bulls have shrunk, indicating that the strength of the bulls has weakened, and they may face pullback pressure in the short term. To sum up, it is recommended to rebound high and short in BTC intraday operation.
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🎉BTC today's trading strategy: as shown in Figure 2
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Risk Warning: The market is constantly changing, trading requires flexible control. Investment carries risks, operations should be cautious.
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