May 20 Market Analysis 🚀🚀🚀
Yesterday, BTC experienced significant fluctuations, with no key information on the fundamentals. A slight top divergence was observed on the daily level, while the weekly trend remains healthy. Pay attention to fundamental information, the Federal Reserve's interest rate cut process, and changes in trading volume, as there is potential for further increases.
The second coin followed BTC with a synchronized adjustment, showing notable gains in the early morning phase. A low divergence has been seen on the 4-hour chart. Throughout the day, focus on stabilization; consider entering in batches, as there is potential for an upward trend.
BTC maintains a healthy level on the 1-hour and 4-hour charts, returning to a healthy level on the daily chart.
Intraday support at 103500-104000 📈
Resistance above at 107300-107800 📉
ETH maintains a healthy level on the 1-hour and 4-hour charts, returning to a healthy level on the daily chart.
Intraday support at 2475-2445 📈
Resistance above at 2640-2670 📉
