5.15 Morning Bitcoin Ethereum Market Analysis!

In recent days, the tug-of-war between bulls and bears has been quite intense. During the day, the bulls usually push the price up, but at night, the bears start to exert force and directly bring the price down.

However, those who observe carefully should have noticed that the resistance and support levels of Bitcoin are gradually moving downwards. Yesterday, Bitcoin's lowest point reached around 102600, with the upper resistance level at 104500.

Currently, Bitcoin's trend is still rebounding upwards, but looking at this range, the upper space is still quite limited.

From the 1-hour K-line of Bitcoin, the price is running below the upper Bollinger Band, and it has started to show bearish candles, indicating a trend towards downward adjustment. The KDJ three lines are running upwards but have begun to show a trend towards downward adjustment. The morning trend remains to look for a pullback at the top. Therefore, for short positions, look to short Bitcoin around 104000 and target 101000, and for Ethereum, look to short around 2630 and target 2540

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