Bitcoin's daily chart shows a hammer candlestick pattern, with the price opening lower and breaking below the moving average. The Bollinger Bands are trending upwards, while the short-term moving averages are turning downwards. The MACD fast and slow lines are crossing downwards, and the histogram is turning green with slightly increasing volume. The KDJ is trending downwards; watch for support around the 50 level. The VR indicator is consolidating around the 200 level. On the 4-hour chart, the price rallied overnight but encountered resistance near the upper Bollinger Band and has pulled back. It's currently testing support around the 60-day moving average. The Bollinger Bands are narrowing, and the short-term moving averages are turning downwards. The MACD fast and slow lines are crossing downwards with increasing volume. The KDJ is trending downwards; watch for support around the 0 level. The VR indicator is consolidating around the 160 level. Overall, after the overnight rebound, the price has pulled back again to test short-term support. The expected trend structure remains consistent with the previous analysis. Although it's in an upward channel, the possibility of a sharp drop and market correction still exists. It hasn't broken below the short-term support around 80,000 yet, so I won't elaborate further and will focus on short-term recommendations. Bitcoin Short-Term Recommendation: Current price around 80300 (Take profits as needed after strategy activation). Ethereum's daily and 4-hour technical charts are generally the same as Bitcoin's and can be used for reference only. Short-term resistance is around 2400, and support is around 2200. See short-term recommendations below. Ethereum Short-Term Recommendation: Current price around 2260 (Click the image to see the homepage introduction for more cryptocurrency analysis). —I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about trading or trends, feel free to discuss and learn with me! Let's exchange ideas and profit together!
Yueying: Bitcoin and Ethereum Market Analysis for May 13th - Can the 80,000 Mark Hold? (Including Current Price Strategy Suggestions)
2026-05-12 15:27:51
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