Empty talk and paper talk are things that everyone can do. There are not so many "ifs". If there are any afterwords! There is no need to regret missed opportunities! From now on, you must take this market seriously! Li Hui will continue to uphold professional knowledge, meticulous analysis, unique position-building techniques, and the spirit of staying calm in the face of danger to help every coin trader successfully obtain valuable wealth and continuously realize their own value in the coin circle!

Bitcoin market analysis and trading suggestions for May 16th:

The recent pullback range of Bitcoin has been quite powerful. Yesterday, my friend Quan also provided guidance on the current price, which is at the position of 64350, the breaking point of the 4-hour upward trend line. The bulls have already gained more than 1200 points.

Looking at the daily chart, the price is currently at the top of the trend pressure line. The price has already surpassed the support levels of EMA30 and EMA60, and EMA10 and EMA15 are approaching the position of EMA60, which is also a bullish signal. If the price can smoothly rise through EMA60 and EMA30, it is highly probable that the price will reach a new high. From the order of the moving averages, it is indeed much stronger than Ethereum. In the KDJ three-line indicator, the J value is about to enter the overbought zone, and it seems that only half of the reversal from the bottom has been completed. According to the conversion, there should be about 5000 points left to go. The MACD is showing strong incremental growth above the 0 axis, and the DIF and DEA have formed a large gap, with DIF approaching the 0 axis position. It is hard to imagine what kind of price increase the coin will experience if it surpasses the 0 axis.

Suggestion: Go long with 5% position below 66100; Reserve 5% replenishment space below with 800 points; Stop loss at 65100; Take profit at 67500-68700-69900; If the price breaks through, consider shorting at 70000-70500.

Article reviews have delays, and the market changes rapidly. For more real-time trades, please follow my public account to enter the market strictly with stop-loss and take-profit orders.

I, Li Hui, interpret world economic news, analyze global trends in the coin circle, and have conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL, and other currencies during my study and further education in the United States. For those who are not familiar with trading operations, feel free to leave comments!

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This article is exclusively published by (WeChat public account: Zhang Li Hui) and does not represent any official position. The release and review of the article have a time delay. The above points are for reference only, and the risk is at your own discretion! May we always carry humility and courage in this complex coin circle, fear no challenges, and dare to explore. Just as the road ahead is long, "the road ahead is long and far-reaching, I will seek and explore." May we read thousands of books, keep pace with the times, and draw wisdom. Travel thousands of miles, experience storms, witness scenery, and comprehend life. Under the guidance of Li Hui, may we learn from our mistakes, play to our strengths, and create value together. May we always remember the baptism of the market, not forget our original intentions, and thus achieve lasting success. In the wave of digital currency, let us hold onto our beliefs, be steadfast, and forge ahead. May we jointly compose a brilliant future and share the joy of success. Let us gather in the turbulent world of digital currency, make the most of our time, and create brilliance together. Li Hui is willing to embark on this challenging and opportunistic investment journey with you.

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