Analysis of Bitcoin and Ethereum Market on May 14: Today’s Highlights of BTC and ETH

BTC: Three days of gains recovered Friday’s decline, and technically returned to below the 30-day moving average of the daily line. Most of the cottage trends are still decadent. The big cake breaks through and stabilizes at 63,800 points in the short term. The cottage is likely to usher in a wave of rebounds, and swing trading will usher in opportunities. Focus on the 63,800-line capital plate suppression resistance on the upper side during the day, and the support below is 61,900 points.

ETH: Yesterday’s large-scale upward movement encountered resistance at the 3,000-point mark and fell back. It can be seen that the capital plate resistance above 3,000 points is relatively large, and the overall trend is relatively weak. Focus on 3,000 points on the upper side during the day, and focus on 2,900-2,850 points on the lower side.

Cottage: The overall trend is still weak. Compared with the big cake recovering Friday’s losses, the cottage only recovered the previous day’s losses. The Dogecoin concept led by DOGE led the rise. In the short term, it broke through and stabilized at 0.16, and will usher in a 10% increase, challenging the 0.175 position.

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