Post
📅 May 12 | BTC at $80,800 ETH at $2,287
1 🚀 ETH is the highlight today. After a period of lackluster performance, it has just retested the 4-hour MA250 — a major dynamic support level that is still sloping upward! This is a strong technical buy signal. Entry at current price, stop loss at $2,200. Take profit target is open-ended as the trend develops.
2 📊 BTC continues its tight range around $81,000 as noted yesterday. Support holds firm at $79,000. The real question is whether tonight’s CPI print will shake things loose. For now, price is compressing near highs — a zone that rarely offers easy entries. However, the medium-term structure remains bullish: the weekly MA60, MA90, and MA120 are all pointing up.
3 🌐 Key catalysts to watch:
- Trump’s China visit and any impact on US economic policy
- Tonight’s CPI release
If we see a dip toward the support zone, that is the accumulation opportunity. Stay sharp.
Disclaimer: de content op OKX Orbit dient uitsluitend ter informatie. Meer informatie
Reacties
Nog geen reacties. Reageer als eerste.