5.19 Afternoon Analysis
Did the two sudden spikes catch you off guard? Did you think it was going to break above 110000?
In the morning, there was a strong upward trend, soaring to around 107100, successfully refreshing the recent high. However, due to the inability to stabilize effectively, it subsequently started to decline. From the four-hour perspective, it is still in a downward channel, continuing the previous 📉 trend. The key focus for today should be on the break of the lower support in the four-hour chart.
Bitcoin: Around 103800-104300, Around 101800-98000
Ethereum: Around 2420-2450, Around 2300-2200
