May 16th: Price fluctuations are relatively small, with an intraday increase of about 0.3%-1%. BTC shows a triangular oscillation structure, breaking through 103500 during the day, indicating short-term bullish dominance.

1. Review of Yesterday

$BTC : Yesterday's lowest point was 101263, the highest point was 104167, with a fluctuation of 2899, and an amplitude of 2.78%.

$ETH : Yesterday's lowest point was 2475, the highest point was 2646, with a fluctuation of 170, and an amplitude of 6.44%.

2. Today's Analysis

BTC's current price is 103985, with an RSI of about 71.19, in the overbought region (>70), indicating short-term pullback risks. On May 15th, the price oscillated between the 50-day and 200-day SMA, continuing the oscillation, with the daily line not breaking the key support. The Bollinger Bands reflect an oscillation pattern, with May 15th not breaking through the upper band, and short-term may continue to consolidate. MACD supports short-term bulls, but momentum has not significantly increased, consistent with the oscillation trend.

BTC resistance: 104000 (intraday high), 105584, 106941.

BTC support: 103000 (intraday low), 102233, 100239.

ETH's current price is 2564, continuing the strong momentum from May 14th. The daily line on May 13th engulfed the previous two days' bearish lines. On May 15th, the market sentiment surged due to BTC oscillation (103000-104000) and macro bullish factors (such as expectations of a Fed rate cut and Sino-US trade negotiations). The RSI is about 76.5 (76.8 on May 14th, slightly decreased on May 15th), still in the overbought region (>70), with continued pullback pressure. The top divergence at the 2-hour level caused the price to retrace to 2600 (MA30), and the RSI did not further climb, indicating a short-term focus on oscillation.

ETH resistance: 2600 (2-hour MA30), 2500 (daily support), 2320 (recent low).

ETH support: 2700 (intraday high), 2800 (weekly resistance), 3000 (psychological level).

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