The article was edited at 11:20 am on May 12, 2023. All opinions do not constitute any investment advice! For learning and communication only.
The U.S. debt ceiling is about to expire, and the two parties are discussing raising the ceiling and reducing spending, but there is no progress. Some people doubt whether the U.S. debt will default, but it most likely will not. U.S. debt is beneficial to both parties. Only when the big interests remain unchanged can there be an opportunity to fight for small interests. If there is a real default, U.S. dollar assets will plummet, the global economy will be affected, and Bitcoin may become popular as a result.
Yesterday's high was around 27630 and the low was around 26700. After experiencing a wave of market crashes, the pie began to fluctuate weakly. It has now fallen below the 27,000 support. In the short term, the focus will be on the support of 26,500. If it cannot support it, it will look towards 25,000. Ukitake believes that the pie will need time to consume chips at this level. Make a change of hands.
The daily level closed with a negative line yesterday and has closed with a negative line for six consecutive days. The trend is weak. The Bollinger Bands are running parallel. Supported by the lower Bollinger Band 26500, MCAD is moving downward with large volume. The 4-hour level is running near the lower edge of the box. The Bollinger Bands are open. Suppressed by the middle Bollinger Band 27500, KDJ dead cross is spreading downward, and MCAD is moving downward with large volume. In terms of operation, you can go short at highs.
Pay attention to the support of 26300-26500 below, and the pressure of 27300-27500 above. It is recommended to short with a light position near 27000, with a stop loss above 27400, and a target of 26600-26500. It is recommended to go long with a light position near 26300, with a stop loss below 26000, and a target of 26700-27000. The market changes rapidly, and the specific operation is mainly based on real-time strategies.
Ethereum's high yesterday was around 1842, and its low was around 1772. Ethereum followed the weak trend of Bitcoin and fell below the support of 1800 last night. It is currently in a downward trend in the short term. Pay attention to the support of 1750 in the short term. If the support is effective, Ethereum will repeat at this level in the short term before choosing a direction.
The daily level closed with a negative line yesterday, and entered a downward trend in the short term. The Bollinger Bands are in a convergence, suppressed by the Bollinger middle track 1850. The 4-hour Bollinger Bands opened, and MCAD fell in large volume. In terms of operation, you can go short at highs.
Pay attention to the support of 1730-1750 below and the pressure of 1800-1820 above. It is recommended to short with a light position near 1800, with a stop loss above 1830 and a target of 1770-1750. It is recommended to go long with a light position near 1730, with a stop loss below 1700 and a target of 1750-1770. The market is changing rapidly, and the specific operation is mainly based on real-time strategies.
Statement: The above content is personal opinion and the strategy is for reference only and is not used as an investment basis. If you follow up, you will bear the risks at your own risk.