May 10th, $BTC /$ETH Market Report
Yesterday, BTC broke through the 100,000 mark and consolidated at a high level, showing a healthy trend. Attention is on the Federal Reserve's interest rate cut direction, as the long-term weekly golden cross will form, possibly initiating a new market trend. ETH is strongly catching up with a steep upward slope.
Altcoins are rising alongside mainstream coins, but market sentiment still lacks the final spark; it is recommended to pay attention to SOL chain MEME tokens.
During the day, BTC and ETH have entered the overbought zone on the 1-hour, 4-hour, and daily levels, and are expected to mainly move sideways, but ETH may still have entry opportunities if it moves independently.
BTC support levels are 101,000-102,000, resistance levels are 104,000-105,000; ETH support levels are 2,200-2,250, resistance levels are 2,400-2,500.
#以太 will notify if there is a position to enter, 👇111 is not constant.
