May 15 evening inventory position analysis:
Recently, the performance of altcoins has been poor, with prices plummeting significantly, and some cryptocurrencies have seen declines of seven to eight percentage points. Analysis suggests that the drop in altcoins may be influenced by the correction in Bitcoin's price, which has dropped over one point. Market risks have been previously highlighted, and it is advised that investors should not blindly chase after rises. For those investors who followed the advice and restrained their trading impulses, they successfully avoided this downside risk. From an investment strategy perspective, considering the current market risks outweigh potential returns, choosing to stay on the sidelines is a rational decision.
From a technical analysis standpoint, Bitcoin's daily level has previously risen about 13%, and it has corrected about 4% from its peak. The market has its own adjustment rules and cannot always move in one direction. It was previously mentioned that after short positions are closed, the market may experience adjustments.
Bitcoin resistance levels:
103800, 104800, 105800
Bitcoin support levels:
101400, 100600, 99500
Ethereum resistance levels:
2600, 2635, 2675
Ethereum support levels:
2475, 2415, 2360
BNB resistance levels:
664, 671, 681
BNB support levels:
642, 632, 622
SOL resistance levels:
175, 178, 181
SOL support levels:
166, 164, 161
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$BTC #美国PPI数据来袭