5.14 Afternoon Bitcoin and Ethereum Market Analysis!
Bitcoin reached the first resistance level during the night and then dropped. Currently, it is in a minor pullback. Today, pay attention to the position of 103180. As long as the 4-hour level does not break below this position, the bulls remain strong, continuing to rise with resistance levels to watch around 104870-105860-107065! If the 4-hour level breaks below 103180 today, then the 4-hour level will start to pull back, with support levels to watch around 102120-100700-99135!
Ethereum is currently in a pullback at the 1-hour level. Today, pay attention to the position of 2612. As long as the 2-hour level does not break below this position, it indicates that the bulls are still quite strong, continuing to rise with resistance levels to watch around 2691-2737-2768! If the 2-hour level breaks below 2612 today, then the 2-hour level will start to pull back, with support levels to watch around 2555-2490-2420!