5.16 Afternoon Market Analysis:

Bitcoin opened at around 103763 at 8 AM and continued to rise in a stepwise manner to around 104400 before retracting to around 104000 and oscillating.

Ethereum opened at around 24547 at 8 AM and rose stepwise to about 2515 and then to around 2582, currently oscillating around 2575.

From the four-hour structure, Bitcoin's trading volume is decreasing, with attention on the upper level around 104800. The second level focuses on around 106000, while the lower level is around 103300, and the second level around 101800. From the one-hour structure, Bitcoin bulls are decreasing in volume.

In the afternoon, I personally believe:

Bitcoin may retrace to around 103500-103200, looking towards the range of 104800-105200.

Ethereum may retrace to around 2555-2535, looking towards the range of 2620-2645.