5.10 Early Morning Bitcoin and Ethereum Market Analysis!
Bitcoin is currently in a sideways trend at the 4-hour level. During the night, pay attention to the top of the sideways range at 104365 and the bottom at 102360. As long as it does not fall below the bottom of the sideways range, a rebound at a smaller level is still possible. Watch the previous high of 104365 above; if it breaks this level, then look at the positions around 105395-106400-107255! If it falls below the bottom of the sideways range at 102360 during the night, the market will move downward, causing a 1-2 hour level correction. The support levels below to pay attention to are around 100950-99200-97730!
Ethereum is currently in a sideways trend at the 1-2 hour level. During the night, pay attention to the top of the sideways range at 2389 and the bottom at 2312. As long as it does not fall below the bottom of the sideways range, a rebound at a smaller level is still possible. Watch the top of the sideways range at 2389 above; if it breaks this level, then look at the positions around 2436-2490-2550! If it falls below the bottom of the sideways range at 2312 during the night, the market will move downward, causing a 1-hour level correction. The support levels below to pay attention to are around 2260-2203-2156!
