Analysis of Bitcoin and Ethereum afternoon market on May 15:
On the 4-hour line, Bitcoin's decline after the previous rebound has not yet reached its target. Overall, it is still volatile and has not broken out. There is a small rebound in the white market to test around 62,100. After the rebound, the market will continue to fall in the white market. The next target position for the decline is still to look below 60,000. There is still relatively large pressure above the 4-hour, and there is also pressure from the 200-day moving average. The chance of breaking out is not very large. Ethereum's trend is weaker, and the short-term lows are also constantly going down. The short-term above has also formed a downward trend line. Ethereum will not be able to maintain the next downward 2817 position.
Bitcoin is around 62,100, looking at around 60,000-58,500
Ethereum is around 2910, looking at around 2817#ETFvsBTC #BTC走势分析 #比特币下跌