May 21, Wednesday Evening Market Analysis: Bitcoin rose to around 108,000 in the afternoon, then fell back to around 106,100.
Ethereum climbed to around 2,615 in the afternoon, then oscillated back to around 2,515. The afternoon strategy is set as a high volatility strategy, with Bitcoin's target stable at 1,500-1,800 points, and Ethereum's target stable at 50-80 points.
Currently, from the four-hour chart, Bitcoin's bullish momentum has weakened, with support levels to watch around 105,200. The one-hour chart shows that Bitcoin's volatility has increased. Short-term resistance to watch is around 106,800.
For the evening trend, I believe: Bitcoin will rebound in the 106,500-106,800 range, aiming for 105,200-104,800. Ethereum will rebound in the 2,535-2,555 range, targeting 2,485-2,465.
The market is never short of opportunities; the question is whether you can seize them. By following experienced people and the right individuals, we can earn more!
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