May 15th BTC has not yet reached these higher targets, currently between 103000 and 104000, indicating that more time may be needed to break through the resistance in the short term.
1. Review of Yesterday
$BTC : Yesterday's low was 102554, the high was 104326, with a fluctuation of 1744, and an amplitude of 1.67%
$ETH : Yesterday's low was 2547, the high was 2725, with a fluctuation of 144.44, and an amplitude of 6.44%
2. Today's Analysis
BTC current quote is 102870, RSI is 71.19, in the overbought zone (RSI > 70), indicating a potential pullback risk in the short term. Smaller level analysis shows a pullback forming a descending triangle, after multiple touches on the support level of 102800 and rebounding, indicating that the support at this position is still strong. If it breaks below the first support level of 102800, attention should be paid to the strong support range of 100700-1017000, but the long-term trend remains bullish. Fear and Greed Index: at 73, belonging to the Greed zone, showing positive market sentiment.
BTC Resistance: 105000 USD
BTC Support: 102800 USD (short-term support), 100,700-101,700 USD (strong support range).
ETH current quote is 2640, a top divergence has appeared at the 2-hour level, with the price losing upward momentum around $2,700, possibly retesting MA30 (around $2,600). The MACD line is above the zero axis, showing bullish momentum, and the MACD still supports a bullish outlook, but caution is advised as momentum may slow. The 15-minute smaller level shows attempts to break below the 2600-2550 support level several times but has been rebounded, indicating that the support at this position is still strong, and it is likely to oscillate above the support level moving forward.
ETH Resistance: current resistance at 2770, if broken, may challenge 3000 or even 3500.
ETH Support: short-term key support at 2600-2550, if broken, may further retrace to 2200 or 2100 (key support).
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