Analysis of Bitcoin Ethereum Market on May 15th

Daily level:At the daily level, from the perspective of sub level structure, two hubs have been constructed, and there has been a divergence between the yellow entering segment and the blue leaving segment of the hub. The price has also fallen below the support of 26500, and the pullback has been relatively dark

Daily level:


At the daily level, from the perspective of sub level structure, two hubs have been constructed, and there has been a divergence between the yellow entering segment and the blue leaving segment of the hub. The price has also fallen below the support of 26500, and the pullback has been relatively dark. In the absence of news stimulation, the overall trend is still fluctuating and declining. Let's look at the pullback target of 21000-22000

4-hour level:


At present, we are running a 4h level callback at the end of the period. This callback can be terminated from the internal structure time, and we will see if the secondary level can go further down to around 25500

1 hour level:


At the 1-hour level, this rebound has lasted for two days. From the perspective of internal structure operation time, it can be terminated. At that time, we only need to pay attention to whether the secondary level will continue to extend. If the secondary level continues to extend and stands firm at 27750, it may be necessary to make a 4-hour rebound. If the rebound ends again, we will still look around 25500 for a pullback

15 minute level:


At present, a 15 minute level center has been constructed. If the rebound does not accelerate and the price exceeds 27700, there will be a divergence between the entry and exit stages of the center. Tonight, at least a 15 minute level callback will be carried out, with a focus on the white line segment 27000 in the figure. If the callback is supported at 27000, it will continue to extend a rebound, turning small to large to become a 4h level rebound. If the green line segment is taken, the overall 4h level callback will still be around 25500

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