Evening Analysis on May 16:
Bitcoin/4 hours
The MACD double lines at the 4-hour level are intertwined at the zero axis, 🈳 the strength is currently balanced, and the histogram has turned from negative to positive, with initial signs of a short-term rebound. However, the range has not been broken, and the trend still needs confirmation.
Operation Suggestions:
BTC: Around 104500-105500 🈳, target 102500;
ETH: Around 2640-2670 🈳, target 2600-2570.