On the daily chart, Bitcoin found support near the middle Bollinger Band after the previous candlestick closed near the middle band, and then rebounded at the open, breaking through the 80,000 mark. The Bollinger Bands are widening upwards, and short-term moving averages are turning upwards. The MACD fast and slow lines are trending downwards with increasing volume. The KDJ indicator found support at 0 and turned upwards. The VR indicator is consolidating around 180. On the 4-hour chart, the price found support at the lower Bollinger Band and then rallied strongly, currently trading above the 60-day moving average and the middle Bollinger Band. The Bollinger Bands are widening, short-term moving averages are trending upwards, the MACD fast and slow lines are turning upwards with decreasing volume, the KDJ indicator is crossing upwards and extending, but watch for resistance around 100. The VR indicator is consolidating around 110. Overall, the daily chart's middle Bollinger Band support has held firm again, remaining within an upward channel. The short-term strategy remains unchanged: exercise caution upon new highs. Continued upward movement will likely be accompanied by pullbacks and market corrections. Short-term trading should focus on pullbacks, with support around 80,000. See short-term recommendations below. Bitcoin short-term recommendation: Buy around 80,000 (take profits as needed after strategy activation). Ethereum's daily candlestick pattern is weaker than Bitcoin's, with lower highs. However, the key short-term support around 2200 remains valid. Nevertheless, it can still be used as a reference point, focusing on support above 2200. See short-term recommendations below. Ethereum short-term recommendation: Buy around 2260 (Click the image to see the homepage introduction for more cryptocurrency analysis). —I am Zhou Yueying, a teacher specializing in technical analysis. Feel free to discuss and learn with me about trading and trends! Let's exchange ideas and profit together!
Yueying: Bitcoin and Ethereum Market Analysis (May 15th) - Daily Chart Bullish Moat with Latest Trend Strategy
2026-05-14 16:04:09
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