2026.5.16 12:22 AM Weekend Analysis

That night, the market was in a vacuum of positive speculation after the visit of the old Tetsuya to China and the preliminary approval and implementation of the structural bill. Additionally, over the past ten days, the market has been unable to break through higher levels for a long time. Yesterday, the market directly accelerated to push higher, covering all the gains from the 14th, and started a new wave of decline testing!
BTC
Support 75,475
Resistance tentatively set at 85,168/87,548
BTC in the 78,800-79,000 range, those who went long on Bitcoin yesterday can take a small profit and run, wait until the weekend or Monday to test the lower support again before entering!
At this moment, during the weekend when liquidity is low, the market temporarily restrains the bears from further exerting pressure. There is a need for a further dip on Monday as usual;
ETH
Support 2,145
Resistance tentatively set at 2,525/2,749
The Bitcoin position from yesterday can be closed, and currently, the most you can hold is some XAU positions!
For many aggressive small partners who entered at key levels, ensure you are not at a liquidation price. If the price rebounds to 2,230-2,240, that’s your exit opportunity;
Abandon the mindset of 100% guaranteed profit!
Last night’s XAU long position at 4,555, with a small position, can be held into next week. Watch the depth during Monday’s opening; if a dip occurs, look for opportunities to add to your position and lower the average cost;
Trading advice does not constitute any investment basis: don’t panic when trading, keep your positions reasonable, and each trade is a culmination of your strategy. Don’t recklessly chase high and sell low just to recover losses—that’s the most useless approach!
Low liquidity and narrow-range oscillations during the weekend are the main theme, reducing profit opportunities. For example, Bitcoin at $300 and Ethereum at $10, staying within a narrow range until Sunday noon will be more stable, and by Sunday night or Monday morning, the trend will expand. Pay attention to long and short opportunities! $BTC $ETH #Gate广场五月交易分享 $XAU