BTC #BTC# Short Short Short!!!!!!! It has reached the high point indicated in the afternoon to enter a short position.



Judging from the current hourly chart trend of the pie, the price has started a strong rebound from the 100300 line, breaking through the upper Bollinger band in one fell swoop, approaching around 107900. However, the current pattern is already showing clear signs of peaking. A black doji has appeared on the hourly chart, which is a strong reversal signal and a bearish opportunity seems to have arrived.

Switching to the 4-hour chart, it can be observed that the market has come under heavy pressure and started to retreat after hitting the key resistance level of 108000. The technical indicator MACD showed a top divergence pattern, while the RSI indicator remained in the overbought area, but was unable to continue to push the price up. Investors need to pay close attention to the gains and losses of the 108000 resistance level, if the price cannot effectively gain a foothold in this position, it may trigger a new round of correction trend, and the primary support level below needs to pay attention to the 105800-106200 range.

In terms of operational strategy, it is recommended to focus on Short positions, setting the stop-loss above 108000; if the price shows a significant increase in volume and breaks through this level in advance, one should promptly stop-loss and exit.
The specific operational suggestions are as follows:
BTC: You can try to Short around 107500-107800, with a short-term target at 105000.

Ethereum: Consider shorting around 2540-2560, with a short-term target set at 2500. #5月CPI 数据将公布#
BTC-0.11%
ETH5.57%
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