2025/05/15 Market Analysis

🥇01 Review of Yesterday

BTC: Yesterday we mentioned that if a golden cross appeared on the 4-hour MACD, the price would continue to rise. Currently, this pattern has not emerged, indicating that the price is due for a downward adjustment. Yesterday indeed played out as we anticipated, with an initial spike followed by a decline.

ETH: The spike yesterday led to a bearish divergence on the 2-hour chart, which is no longer sufficient to support continued price increases. Thus, throughout the day yesterday, the price experienced a downward fluctuation, and it has now returned to oscillating near the 2-hour MA30 line.

🥈02 Today's Analysis

BTC Trend: The trend will not collapse; it will continue to oscillate downwards, gradually moving lower, then briefly spiking downwards before quickly rebounding. Therefore, at the major support levels, it remains a good opportunity for entry.

Key Levels:

Resistance: 105000-110000

Support: 102100-99500

ETH Trend: In the short term, there is still upward momentum on the hourly chart, but it's relatively weak, making it easy for the price to spike up briefly before coming down, leading to a decline towards the support levels on the 4-hour or 8-hour charts, followed by a rebound.

As mentioned yesterday, if the price continues to rise, the pressure will increase significantly. Avoid chasing highs; waiting for a price retracement before entering is safer.

Key Levels:

Resistance: 2760-2860

Support: 2530-2490

🥉03 Today's Summary

The daily uptrend has not yet ended, while the weekly uptrend has only just begun, so the upward momentum is far from over. Cherish every opportunity during pullbacks.