5.16 Cryptocurrency Morning Trading Suggestions The hourly chart shows that after a price dip and rebound, it encountered resistance at the middle line and fell back. The middle line is trending downwards, short positions have not turned into long positions, moving averages are converging, short-term recovery is weak, and the main trend is oscillation, with still a demand for downward testing.
Trading Suggestions: Bitcoin 103000-103500 go long, target 105000;
Ethereum 2630-2650 go long, target 2750.