Li Mingyang 5.15 Midday Bitcoin and Altcoin Analysis


The short positions arranged in the early morning have been perfectly closed with profits. After identifying our entry point, the main focus now is to wait patiently. Do not rush if the market hasn't moved out yet; the only result will be remaining poor forever. Now, let's proceed with the midday analysis!

BTC
Test position at 79,500-80,000, relying on short-term support + KDJ oversold condition, bearish momentum weakening, small position trial and error.
Breakthrough and stabilization below the downtrend line at 80,500-81,000 to add positions, confirming bullish momentum recovery;
Extreme retracement reserves at 78,500-79,000 for additional entries.
Stop-loss set at the key structural lower boundary, with upper resistance levels at 81,200 and 82,500 for phased arbitrage,
Using support and resistance swap principles for position control and trading.

ETH
Test position at 2,240-2,260, market linked to Bitcoin, coin elasticity is high, oversold recovery is strongly needed.
Stabilize above 2,270-2,300 to add positions accordingly.
Structural breakdown defense at 2,180, with upper resistance at 2,290 and 2,340 for stepwise profit-taking.

Overall, adopting a left-side trial-and-error + right-side confirmation trading system,
using oversold divergence indicators to capture technical rebounds,
combining trend break confirmation for bullish momentum;
pyramid position management, differentiating effective structural break stop-loss,
avoiding indicator dulling and pin risk,
mainstream coins linked trading, strictly controlling retracement,
phased profit-taking to optimize risk-reward ratio. $ETH
BTC1.1%
ETH-0.23%
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LiMingyangOnTrends
· 1h ago
Just charge forward 👊
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