5.31 Evening Analysis:
Key rebound observation point for Bitcoin: 103,870. The price must effectively rebound and stabilize above this level (confirmed on the 1-hour chart) to be considered a signal for the start of a rebound.
Potential upward target (resistance area) if the rebound is established: Attention should be paid to the resistance zone formed around 104,850 - 106,400 - 107,740.
Risk of insufficient rebound strength: If the price rebound cannot reach or stabilize above 103,870, it indicates weak short-term rebound momentum.
Downward support area: In the above case, the price may continue to decline, and key support levels around 103,030 - 102,050 - 101,280 should be monitored.
(ETH) Analysis:
Key rebound observation point: 2,512. The price must effectively rebound and stabilize above this level (confirmed on the 1-hour chart) to be considered a signal for the start of a rebound.
Potential upward target (resistance area): If the rebound is established, attention should be paid to the resistance zone formed around 2,538 - 2,580 - 2,620.
Risk of insufficient rebound strength: If the price rebound cannot reach or stabilize above 2,512, it indicates weak short-term rebound momentum.
Downward support area: In the above case, the price may continue to decline, and key support levels around 2,473 - 2,450 - 2,418 should be monitored.
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