5.7 Morning Bitcoin and Altcoin Analysis


From the 4-hour cycle, BTC's Bollinger Bands continue to contract and flatten, the market is consolidating and preparing, the price remains above the middle Bollinger Band, indicating a healthy short-term bullish structure. The moving averages are generally diverging upward, forming multiple support levels; the KDJ indicator shows a golden cross at low levels and is steadily rising, with bullish momentum continuously releasing, clearly signaling a bullish outlook.
Trading Suggestions
Bitcoin: Buy near 79,000-80,500, target 81,500-83,000
Altcoin: Buy near 2,290-2,320, target 2,340-2,420
$SOL $BTC $ETH #BTC回调 #Gate广场五月交易分享
SOL0.34%
BTC-1.12%
ETH-3.27%
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