View on the evening of May 20:


The Bitcoin candlestick pattern shows that the price has been fluctuating at a high level recently, forming multiple long upper shadows in the candlesticks, indicating heavy selling pressure in the market. On the daily chart, there has been a pullback after a significant increase, and it is currently in the adjustment phase. In the 4-hour period, the MACD red bars are shortening, and the fast and slow lines are gradually converging, which may indicate a potential death cross, suggesting that there could be further pullback pressure in the short term.
Operation Suggestions:
105500-105000🈳, target 104000-103000, defend 105700
Two Cakes: 2550-2500🈳, Target 2400-2300, Defense 2570
#Gate Brand Strategy Upgrade# #SOL Breaks $170# #Gate Brand Strategy Upgrade# #Crypto Market Rebounds# #GENIUS Stablecoin Bill#
BTC0.81%
FAST8.52%
SOL1.63%
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