Bitcoin and Ethereum still hold strong support, as technical signs dey show say bullish reversal fit happen
Bitcoin (BTC) and Ethereum (ETH) dey show say dem fit turn bullish after dem hold for top dia 4-hour 200-period moving averages (MA) and exponential moving averages (EMA), as dem drop big for May ending. Technical signs like Relative Strength Index (RSI) and how dia moving averages line up dey show say bullish power dey strong more more. Bitcoin don hold dia main support for $100,000 and $103,600, with resistance for $106,600 and $109,300, and if e break go up pass these points, e fit mean say bullish feeling don renew for summer. If dem break these supports, e fit drop go down well well. Ethereum too dey do like that, e dey trade between $2,500 and $2,750, and e dey near wetin dem call 'golden cross', with the 50-day EMA dey go up and the 200-day EMA dey give support. Main resistance dey for $2,750, and volatility fit increase if ETH drop under $2,400. Traders suppose dey watch how these two big coins dey behave with dia critical moving averages and support/resistance zones, because wetin happen fit decide market direction for middle-term. Generally, careful hope dey around amidst high market shakiness, with price strong-strong and technical signs dey point to say e fit go up or correct, depending on wetin market feel.
Neutral
Both Bitcoin and Ethereum dey show strong body for important support levels, with all di technical signs pointing to say e fit go up. But, as big resistance still dey front, plus di recent high-high movement of di price, and di risk of people losing money, e show say none of dem don get clear way wey dem go follow for long. How di price move small-small for now go likely show how e go be for middle-term, and traders still dey hope but dey careful, dey watch out for both go-up movement and quick fall, depending on how dem take pass all di key support and resistance areas.