Dabing Yitaifang's Early Morning Trading Suggestions and Later Trend Analysis: 5/7

2026-05-06 16:45:32
Shareshare
Bitcoin and Ethereum Trading Suggestions and Future Trend Analysis (May 7th): The current market technically shows a strong upward trend, with the hammer candlestick pattern and bullish moving average alignment forming a strong bullish signal. However, weakening trading volume indicates that the market is consolidating at high levels, potentially presenting a risk of price-volume divergence, requiring caution. Furthermore, external fears may weaken investor confidence, impacting capital inflows and exacerbating market volatility. Therefore, despite technical support for an upward move, the complexity of the external environment results in a neutral sideways market. We previously established a short position strategy at higher levels, gradually taking profits. We shorted Bitcoin and Ethereum around 81500 and 2420. Although there was some upward movement earlier, it doesn't affect our overall trend assessment. Those who missed the initial strategy can catch up later; the strategy remains focused on shorting on pullbacks to higher levels. Analyst Xiao Ma's Trading Diary Recommendations: Bitcoin: Short at 81500-82000, target 80500-80000. Ethereum: Short at 2370-2390, target 2300-2280.
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