May 15, #美国加密立法 5 Evening Inventory Position Analysis:

Recently, the altcoin market has performed poorly, with prices significantly declining, and some cryptocurrencies have dropped by seven to eight percentage points. Analysis suggests that this decline in altcoins may be influenced by the retracement of Bitcoin, which has dropped over one percentage point. Risks in the market had previously been highlighted, and investors were advised not to blindly pursue long positions. For those investors who followed the advice and restrained their trading impulses, they successfully avoided this decline risk. From an investment strategy perspective, given that current market risks outweigh potential returns, choosing to stay on the sidelines is a rational choice.

From a technical analysis perspective, Bitcoin's daily level had previously increased by approximately 13%, and the retracement from the peak is about 4%. The market has its own adjustment rules and cannot continue to rise unilaterally. It was previously mentioned that after short positions are closed, the market may undergo adjustments.

Bitcoin resistance levels:

103800, 104800, 105800

Bitcoin support levels:

101400, 100600, 99500

Ethereum resistance levels:

2600, 2635, 2675

Ethereum support levels:

2475, 2415, 2360

BNB resistance levels:

664, 671, 681

BNB support levels:

642, 632, 622