5.15 Afternoon Trend Analysis

Bitcoin:

Today at 8 AM, Bitcoin opened around 103500. The morning market showed a certain rebound upward, with prices briefly touching around 103800, but then fell back to around 102800 to oscillate.

From the recent trend, Bitcoin is overall showing a small range of oscillation. The hourly moving averages are clearly in a downward trend, indicating some short-term pressure. The key resistance level above is around 105000, with secondary resistance at 106200; the support level below is around 101800, with secondary support at 10800.

Afternoon personal viewpoint:

If Bitcoin sees a rebound in the afternoon, it is expected to oscillate around 103200-103800, with attention on the range of 102100-101800 below.

Ethereum:

At 8 AM, Ethereum opened around 2608. The morning market also showed an upward rebound, with prices briefly reaching around 2646, but then fell back to around 2565.

Recently, Ethereum's overall trend has been quite complex, with a breakthrough to a new high at one stage, but then showing a significant pullback. The key resistance level above is around 2680, with secondary resistance at 2780; the support level below is around 2530, with secondary support at 2480.

Afternoon personal viewpoint:

If Ethereum sees a rebound in the afternoon, it is expected to oscillate around 2610-2640, with attention on the range of 2550-2520 below. $BTC $ETH

Daily analysis is for reference only!