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This month's market is unstable. If Bitcoin can't break 67600, it'll likely keep fluctuating, making profits hard to find. But if it surpasses 67600 and hits 68000, the market might reverse, boosting prices for other cryptocurrencies like Ethereum. #美国4月CPI数据回落 #BTC走势分析 #BTC预测

This month's market is unstable. If Bitcoin can't break 67600, it'll likely keep fluctuating, making profits hard to find. But if it surpasses 67600 and hits 68000, the market might reverse, boosting prices for other cryptocurrencies like Ethereum.

#美国4月CPI数据回落 #BTC走势分析 #BTC预测

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On the 4-hour chart, pay attention to the position of the white line during pullbacks, as the resistance level of the orange line is very strong. $BTC $ETH
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Market Expectations and Analysis Ahead of the Release of US April CPI Data
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BTC/ETH intraday market analysis on May 15, 2024： For Bitcoin, it's currently trading sideways on the 4-hour timeframe with a bounce observed on the 1/2-hour chart. Pay attention to the key level at 61650. As long as it holds above this level today, the 1/2-hour timeframe is likely to remain bullish. Resistance levels to watch are around 62190, 62740, and 63150. A close below 61650 on the 1/2-hour chart today could indicate a failed bounce and a potential shift to a bearish trend. Support levels are near 61380, 61100, and 60750. For Ethereum, it's also trading sideways on the 4-hour timeframe with a bounce observed on the 1/2-hour chart. Pay attention to the key level at 2888. As long as it holds above this level today, the 1/2-hour timeframe is likely to remain bullish. Resistance levels to watch are around 2920, 2949, and 2973. A close below 2888 on the 1/2-hour chart today could indicate a failed bounce and a potential shift to a bearish trend. Support levels are near 2862, 2815, and 2768. $BTC $ETH
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BTC/ETH intraday market analysis on May 14, 2024： For Bitcoin (BTC) today, the crucial level to watch is $62,200, which serves as support on the 1/2-hour timeframe and indicates bullish sentiment on the 4-hour and daily charts. Holding above $62,200 suggests potential long positions, with resistance levels at approximately $62,815, $63,155, and $63,440. However, breaching $62,200 could signal the end of the current uptrend, transitioning to a bearish stance on shorter timeframes and initiating a retracement towards support levels near $61,710, $61,145, and $60,750. As for Ethereum (ETH), attention should be focused on the $2,938 level today. Failure to sustain above this level may mark the end of the current upward movement on the 4-hour chart, with support levels around $2,896, $2,865, and $2,815. Conversely, if $2,938 holds, a probable short-term rebound is likely, with resistance levels near $2,955, $2,973, and $2,997. $BTC $ETH
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Right now, focus on updating intraday support and resistance levels for Bitcoin (BTC) and Ethereum (ETH).$BTC $ETH
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