Market Analysis 2025/05/15

🥇01 Yesterday's Review
BTC: As mentioned yesterday, if the 4-hour MACD forms a golden cross, the price will continue to rise. Currently, this pattern has not appeared, so the price needs to decline and adjust. Indeed, as we predicted yesterday, there was a spike first, followed by a pullback.
ETH: The surge yesterday led to a bearish divergence pattern on the 2-hour chart, and the 2-hour level is no longer sufficient to support further price increases. Therefore, the price has been oscillating downward throughout the day yesterday and is currently fluctuating near the 2-hour MA30 line.

🥈02 Today's Analysis
BTC Trend: The movement will not plummet; it will show a downward trend with fluctuations, gradually moving downwards, then suddenly dipping before quickly bouncing back up.
So at the major support level, it is still a good opportunity for you to get on board.
Key points:
Resistance: 105000-110000
Support: 102100-99500
ETH Trend: In the short term, there is still upward momentum at the hourly level, but the energy is relatively weak, making it easy to surge for a bit and then drop down towards the support levels at the 4-hour or 8-hour scale, before rebounding upwards.
As mentioned yesterday, if the price continues to rise, the pressure will become greater. Don't chase the highs; it would be safer to wait for the price to pull back before entering.
Key point:
Resistance: 2760-2860
Support: 2530-2490

🥉03 Today's Summary
The daily uptrend has not ended, and the weekly uptrend has only just begun, so the bullish market is far from over. Cherish every opportunity for a pullback.