May 7 Cryptocurrency Market Analysis ‼️


【Short-term, short, and long positions can be held】
Strategy: ✅ Begins to pull back, watch the 80k level ✅
1️⃣ Market 【BTC ETH】 Current key support levels:
【BTC】 Short position
Open: Around 81,300
Stop loss: 81,731
Take profit: 78,870
【ETH】 Short position
Open: Around 2,330
Stop loss: 2,367
Take profit: 2,250
2️⃣ 【ETH & BTC】 The small 15-minute level bearish trend has already extended into the 4-hour level bearish trend. The upward trend line has broken, mainly wait for a reversal with short positions. The more aggressive the sell-off, the stronger the rebound. May’s downward shadow line, see if there’s a deep dip. Don’t be surprised if it drops further.
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All opinions are personal views only
Not investment advice, DYOR
BTC-0.84%
ETH-2.41%
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