Evening Thought Sharing on 2025.5.16
The major cryptocurrency has been oscillating at a high level during the day, after a descent to a small support level, it was pulled back up. It is currently near the short-term high level again. Based on the indicators, the probability of a breakout is relatively high. If it breaks out and holds, then a new upward trend will be initiated.
Suggestions
For the major cryptocurrency, if it descends to around 103000-102300, then it can rise, targeting around 104100-104600.
For the second cryptocurrency, if it descends to around 2550-2515, then it can rise, targeting around 2680-2720. #BTC走势分析