Financial Research Society ~ May 23, 2024

Bitcoin maintains around 84,000, under pressure from the lifeline on the daily chart, while the Bollinger middle band on the four-hour chart is flat, resulting in narrow fluctuations.

Ethereum is strengthening at the four-hour level, standing above the four-hour lifeline, with the Bollinger middle band also currently being a key dividing line, consolidating around 2,000.

The daily MACD shows a golden cross at the bottom, and the moving averages are still consolidating at the bottom, with 2,150 being a key resistance level on the daily chart.

Bitcoin's reference for today's fluctuation range:

Support levels: around 83,690, around 82,800, around 81,900

Resistance levels: around 85,000, around 86,200

Ethereum's reference for today's fluctuation range:

Support levels: around 1,980, around 1,940, around 1,910

Resistance levels: around 2,050, around 2,150

Inno suggests focusing on altcoins in the Binance Chain series, such as Cake, BB, and Ray in the Solana chain, which can continue to be monitored as it pulls back to the weekly bottom.