Analyst Liang Qiu: 5.8 Bitcoin/Ethereum strong breakout, how is the sustainability?

Bitcoin/Ethereum's market dropped to around 95700 and 1785 last night, then began to rise steadily. As of now, Bitcoin and Ethereum have surged to around 99200 and 1900, with a clear bullish trend. This market fluctuation can be considered as the end of several days of sideways movement, which is also conducive to a trend change. However, since last night's low, Bitcoin and Ethereum have risen by 3500 points and more than 100 points, especially as Bitcoin approaches the daily resistance level near 99500, with further attention on the significant 100000 level above.
Ethereum is even more so, the daily physical K-line can focus on the 1920 to 1950 line under pressure. The daily level began to rise in volume, the daily MA moving average indicator began to turn upward, the bullish trend is obvious, the lower support all began to move upward, the large trend bulls did not deviate, and will continue to pull up after the retracement accumulation, and it is necessary to do a good job in the trend band, but the short-term face the pressure after the pull-up, the following focus on the daily MA7, 10-day moving average support 96000 and 1800 line.
On the operation, Liangqiu suggests entering a short position for Bitcoin around 99200 to 99500, with a target near 97500; for Ether, enter a short position around 1895 to 1910, with a target near 1840, and set the stop loss at 100300 and 1935.
Daily strategy analysis is limited, and the market has variability, specifically based on real-time. #BTC重返97k# #Bitwise NEAR ETF 申请# #OBOL 上线福利#