
小白龙🐲|May 16, 2025 03:52
On May 16th, ETH reached critical support. If it falls below the support, attention should be paid to the magnitude of the knockoff correction
📌 01 Yesterday's Review
BTC: Yesterday's lowest point was 101270, highest point was 104162, with a fluctuation of 2892 and an amplitude of 2.8%
ETH: Yesterday's lowest point was 2475, highest point was 2646, with a fluctuation of 170 and an amplitude of 6.4%
📌 Today's Analysis 02
BTC:
The current price of Bitcoin is 104000, breaking through the resistance of the 30 minute downtrend line. The subsequent trend is in a rectangular range, with resistance of 105100 at the top and support of 101300 at the bottom.
BTC resistance: 105100
BTC support: 101300
ETH:
The current price of Ethereum is 2580, fluctuating at the support level of the uptrend line. 2500 and 2430 are still important short-term supports. During the upward phase of the market, it is advisable to buy on dips, with resistance above Ethereum at 2650.
ETH resistance: 2650
ETH support: 2500 2430
📌 Summary of Article 03
The consolidation phase of Bitcoin is relatively stable and has a good upward trend, but this wave of upward trend mainly comes from Ethereum, so this round of rise will be reflected in Ethereum, and the pullback will also be driven by Ethereum. Bitcoin may not have too much volatility.
Move your hands, follow, like, and share. Your support is my biggest motivation every day!
For more real-time information, please add VX: ETH188088
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