5.14 Wednesday Afternoon Market Analysis:
Bitcoin opened around 1040 in the early morning, peaked at around 1050 in the midnight spike, then fell back to around 1034, currently oscillating around 1037. Ethereum opened around 2678 in the early morning, increased during the midnight spike to a temporary new high of around 2724, then fell back to around 2620, and afterward rebounded to oscillate around 2660. From the current four-hour structure, Bitcoin's resistance has decreased, falling back to operate near the middle track, with attention on 1052 above and 1017 below. From the one-hour structure, Bitcoin's momentum has increased, with attention on 1030 below and 1045 above.
Afternoon Trading Suggestions: For Bitcoin, if it retraces to around 1031-1027, look towards 1047-1051.
For Ethereum, if it retraces to around 2660-2635, look towards 2735-2760.
Every dream is worth nurturing, and every heart is worth illuminating. Move forward bravely, fearlessly. $BTC