【2024.5.12 BTC/ETH intraday market analysis】

The Bitcoin and Ethereum did not fluctuate much overnight, which is expected. Every time there is a wave of decline, it will go sideways at the bottom and then repair the K-line. It also happens to be the weekend, so there is no big fluctuation. If you want to rise, the bottom sideways will last as long as possible. Today, it is expected to continue to fluctuate sideways in the 4-hour sideways zone during the day. If you want to get out of the market, pay attention to the top pressure level or bottom support level of the sideways zone. #大盘走势

The 4-hour sideways fluctuation range of Bitcoin is 60430-61500. Pay attention to the position of 60990 at the small level. If it falls below and cannot close, the market will start to go down. Pay attention to the bottom support of the sideways zone of 60400. If it can't hold up, continue to look at the positions of 60100-59810.

If the closing line stands above 60990, the 1/2 hour level will start to rebound, and the upper target/pressure level will be around 61500-62000. #BTC走势分析 #btc走勢

The 4-hour sideways fluctuation range of Ethereum is 2885-2945. Pay attention to the position of 2920 at the small level. If it falls below and cannot close, the market will start to decline. Pay attention to the bottom support of the sideways zone of 2885 as the target/support level below. If it cannot hold up, continue to look at the positions around 2841-2815-2790.

If the closing line stands above 2920, the 1/2 hour level will start to rebound, and the upper target/pressure level will be around 2945-2973-3015. #ETH #ETH 预测