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Evening Thoughts on May 6
Recently, the price ratio has shown a volatile upward trend, with signs of stagnation at high levels and a potential for a pullback. From the daily chart perspective, as the price ratio approaches the middle band of the Bollinger Bands, combined with the K-line top formation and MACD death cross, the market may further pull back. However, due to the shortening of the red histogram, the extent of the pullback may be limited.
Operation Suggestions:
Buy around 93500 for Bitcoin, target 95500.
There are many concubines around 1750, targeting 1850.
(The weather changes rapidly, for reference only! )