$BTC Bulls Scared Away? BTC Rebounds and Breaks Out, This is the Correct Way to Open Today!

🚨 Market Overview on the Morning of May 16:

🔹 Ethereum quickly rebounded after reaching 2477 last night, scaring away many long traders. It is currently under pressure around 2560, it is advised not to rush, wait for a pullback before taking action for a more prudent approach.

🔹 Key Resistance Area: 2560-2576, support levels to watch are 2440 and 2420, prioritize a cautious strategy!

Bitcoin performed even stronger, quickly rebounding after touching the top of the cloud yesterday, currently operating around 104000. Those still holding long positions can hold them safely, today’s focus is on observing changes in support and resistance levels!