May 17 Market Analysis 📊📊
Yesterday, BTC remained in consolidation with a slight pullback, maintaining a healthy trend, and there are signs of stability. Recently, continue to pay attention to fundamental information, the Federal Reserve's interest rate cut process, and a long upper shadow appeared on the 4-hour chart.
ETH followed BTC in a synchronized consolidation with a slight pullback, focusing on signs of stability during the day.
BTC's 1-hour and 4-hour levels remain healthy, and the daily level has returned to a healthy status.
Intraday support at 102200-101700 📈
Resistance above at 105300-105800 📉
ETH's 1-hour and 4-hour levels remain healthy, and the daily level has returned to a healthy status.
Intraday support at 2425-2385 📈
Resistance above at 2565-2595 📉