Evening Analysis on May 19:
Bitcoin broke the middle band of the Bollinger Bands on the 4-hour chart, indicating a weakening trend. The opening of the Bollinger Bands is widening, suggesting that downward pressure may intensify. Although the J value has dropped below 20, indicating an oversold rebound demand, the K and D lines are still diverging downwards, making a sustained rebound difficult.
It is recommended to focus on the higher range:
BTC: Can consider within the range of 103500-104000, with a target of 101500;
ETH: Pay attention to single opportunities in the range of 2440-2460, with a target of 2350.