Evening Analysis on May 31:

The 4-hour chart for Bitcoin shows that the price is in a dominant state of downward momentum, with the K-line continuously decreasing and indicators showing that the downward momentum is sustained. The price is running near the lower Bollinger Band, and in the short term, it may lean towards a support level around 103050, but caution is advised for potential technical rebounds in this area.

Suggestions:

Bitcoin: Trade around the range of 104100-103600, 👀 targeting 102300-101300 with a defense at 104300.

Altcoin: Trade around the range of 2550-2530, 👀 targeting 2450-2400. Defense at 2570#ETH .