May 15th Evening Market Trends and Strategies

Bitcoin Market Forecast and Strategy

Bitcoin is currently fluctuating around $103,000, with key support at $101,100 (a drop below may trigger a waterfall decline), and short-term resistance in the range of $105,000-$106,200. If it stabilizes above $105,000 in the medium to long term, a double-sawtooth structure may drive the price towards the target of $113,500.

Bitcoin is in a high-level consolidation phase; if it forms a 'double-sawtooth structure' and breaks through the fluctuation range, it may initiate a new round of increases; conversely, if it cannot break through the resistance level, one should be cautious of the risk of a pullback below $100,000.

Operational Suggestions

Long Position: If it stabilizes after a pullback to the support area of $102,300-$102,800, one can enter a small long position with a target of $104,000-$105,000, and set a stop loss below $101,800.

Short Position: If it rebounds to $104,500-$105,500 and meets resistance, one can try a small short position with a target of $103,000-$102,000, and set a stop loss above $106,000.

If it effectively breaks through $105,860, one can chase the long position to $107,065, and if it drops below $101,800, then switch to a short view.

Ethereum Market Forecast and Strategy

Ethereum has performed strongly recently, with a weekly increase of 42%, but faces pullback pressure in the short term. Key support is at $2,444 (daily level) and $2,530-$2,550 (4-hour level), with resistance in the range of $2,640-$2,680.

The active Layer 2 ecosystem and continuous inflow of institutional funds provide momentum for long-term increases.

Operational Suggestions

Long Position: If it stabilizes after a pullback to $2,530-$2,550, one can build a position in batches with a target of $2,610-$2,640, and set a stop loss below $2,500.

Short Position: If it rebounds to $2,610-$2,640 and faces resistance, one can try a small short position with a target of $2,550-$2,520, and set a stop loss above $2,680.

If it stabilizes above $2,640, look for bullish potential to $2,737; if it drops below $2,520, it may pull back to the support at $2,444.

Summary

Bitcoin: Short-term fluctuations are slightly bullish, with a key focus on the $103,900 watershed; a breakthrough will extend the upward trend, while a drop will trigger a deep pullback.

Ethereum: After a pullback, it still has upward momentum, but caution is needed regarding short-term overbought risks.

Core Operations: Focus on high selling and low buying within the range, flexibly adjust based on breakthrough signals, and implement strict stop losses to prevent extreme market conditions.