5.15: Finding your own bull is more important!

The market fluctuated throughout the day, dropping from an early high of 104949 to a low of 102815, with bulls and bears taking turns to exert force, jumping around the 103500 line without showing strong continuity. The altcoin started from an early high of 2738 and maintained a high-level oscillation, subsequently showing a downward trend, reaching a low of 2557 in the evening, and once again displaying a relatively independent market. Currently, both sides have returned to a phase of oscillation and adjustment.

Overall, in terms of structure, the significant drop to the 100,000 mark earlier has still damaged the trend, failing to launch an effective attack on the 105,000 line in a short time. We are now entering a critical stage of the bull-bear game! After the main coin's daily line reached a high, the yin and yang met, and the long shadows above and below further confirmed the intensity of the bull-bear struggle. Without breaking through the key resistance zone, the bull's movement will be relatively slow.

On the four-hour line, the price is still mainly operating between the upper and lower bands, with the three bands tending to remain parallel, the upper band slightly pressing down, and the resistance to the trend being quite obvious. The technical indicators are uniformly pointing downwards, the volume of the spike is decreasing but still persistent, and there is significant downward pressure in the short term, requiring caution against technical corrections.

On the hourly line, the bag mouth is gradually shrinking, with multiple breakthroughs of the lower band during the day, clearly testing the support level below. If it breaks down again below 102500, it will challenge the 100,000 mark once more.

Fundamentally, various influential factors are emerging, with tariffs and trade impacts being the most direct; other economic data and indicators pointing towards interest rate cuts have a significant impact; the uncertainty detected by TRUMP and the stability of the international situation cast a shadow over the emerging bull. Old Chen has always believed that the bull is always there; finding your own bull is more important!

In the layout thoughts of the early morning, pay special attention to the closing situation of the bad stocks, which opened high again and faced the risk of a washout.

In the short term, for the main coin, flexibly layout within the range of 104500-102500; the altcoin will focus on high short positions in the near term.