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Bitcoin Market Analysis on May 17, 2025
Direction: Sideways range consolidation with a slight downward correction.
Resistance Price: 104,400
Support price below: 101300
The current trend is slowly oscillating downward, with multiple attempts to test and not break below 103,000, which will maintain a range of oscillation and consolidation between 103,000 and 103,600.
Ethereum market analysis today
Direction: Oscillating downwards
Resistance level above: 2569, strong resistance level above: 2650
Support level below: 2432
Current trend: fluctuating downwards, testing the lower 2500. If it breaks below 2500, look for 2480. If it does not break 2500 for a long time, it will maintain a fluctuation range between 2500 and 2536. #NXPC Launchpool