Evening Market Update for Bitcoin and Ethereum on May 20

1. Bitcoin (BTC)

After fluctuating down from 106359 in the afternoon, it is currently consolidating around 105200. Key levels: 105000 strong support, 106000 resistance, and 105500 as the dividing line for long and short positions on the 4-hour chart. Volume and price indicate a retracement with decreasing volume, 1-hour RSI is weak, and 4-hour MACD is pending direction.

Strategy: Aggressive traders can go long lightly at 105200, with a stop loss at 104900 and a target of 105800/106300;

Conservative traders can accumulate positions in batches between 105000-105300; if it holds above 105500, add to positions, and if it breaks below 105000, stop loss.

2. Ethereum (ETH)

Approaching strong support at 2480 (daily trend line + platform), resistance at 2520 (4-hour MA60), and 2550 (daily Bollinger mid-band).

Strategy: Accumulate positions between 2480-2490 in batches, with a stop loss at 2470 and targets at 2520/2550; if it holds, aim for 2580.