5.16 BTC/ETH Market View:

For Bitcoin at the 4-hour level, there are currently two possible scenarios. If it rebounds to around 105800, that would indicate a W pattern. If it retraces to around 104500, that would indicate an M pattern.

Bitcoin faces resistance above at 104500 and 105800. Those looking to short can set up here and wait. Support below is at 102000 and 100500; for those wanting to enter a low long position, keep an eye on these levels.

Ethereum surged from 2738 and then retraced, with a low of 2475 marking a stop. A retracement of 300 points has occurred, and currently, attention needs to be on the resistance at 2600. To continue rebounding, it must break through and stabilize above this level. The hourly chart shows small bullish movements, forming a minor ascending channel. To continue rising, it must not drop below the 2550 level; if it does, it will face second resistance at 2600 and may test the lower point of 2420.

Above Ethereum, resistance is at 2600, 2650, and 2700. For short positions, plan around these levels. Support below is at 2550, 2480, and 2420; for low long positions, plan around these levels. #稳定币日常支付 $BTC