Bitcoin started to have no fluctuations into the weekend, and it is now in the midst of converging shocks, so there will be less fluctuations. Yesterday, the news caused the price to spike up and down in the short term, but it is obvious that the price remains volatile and moves internally, so there is no direction. Still waiting for convergence.

Resistance level【27700, 28500, 29150】

Support level [25800, 25200, 23900]

Ethereum has also not experienced much fluctuation. The current shock triangle is relatively obvious, so it is also waiting for convergence and maintains the view of a decline relay without breaking 1846.

Resistance level【1846, 1880, 1912】

Support level [1738, 1685, 1460]

The market is changing rapidly. If you make a profit, move the stop loss to the opening price in time. The point can only be used once. Do not open the same point again after being stopped. Do not place orders at high times. You must bring a stop loss. Stop the loss twice and close the position gradually. Open a position and gradually reduce the position. If others are greedy, I will be fearful. If others are fearful, I will be greedy. It is not recommended for novices to do futures contracts.

May 20, 2023

The above analysis is for reference only and does not constitute investment advice.

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