Bitcoin is currently rebounding on the hour. It should be noted that the previous high pressure was 28300. Because it rose over the weekend, a futures gap of 26500-26800 was left, so even if it rises, we are cautiously bullish. The current midline is still short, although there will be various rebounds when support is reached. , but it is still bearish, especially now that it is in the process of retracing the neckline. It will be tested repeatedly at this stage, but there is a high probability that it will not break through the previous high, so we need to be cautious about the market outlook.
Resistance level【27900, 28500, 29150】
Support level [26400, 25200, 23900]
Ethereum has risen in tandem, but there has not been much growth. You need to pay attention to the risk of a linkage correction of Bitcoin to cover the gap. 1-2 hours ago, it was as high as 1880. The closer it is, the greater the pressure. You need to pay attention to whether a top structure will be built below 1880.
Resistance level【1845, 1880, 1912】
Support level [1786, 1766, 1460]
The market is changing rapidly. If you make a profit, move the stop loss to the opening price in time. The point can only be used once. Do not open the same point again after being stopped. Do not place orders at high times. You must bring a stop loss. Stop the loss twice and close the position gradually. Open a position and gradually reduce the position. If others are greedy, I will be fearful. If others are fearful, I will be greedy. It is not recommended for novices to do futures contracts.
May 15, 2023
The above analysis is for reference only and does not constitute investment advice.
