Recently, the geopolitical situation has indeed been changing, and the actions on the US side are quite significant. As ordinary investors, we can only watch the excitement. I won't say much about political topics; it's more practical to focus on the market.

One important change is that Federal Reserve Chair Jerome Powell is expected to step down in May, which means there is still a lot of uncertainty about the Fed's monetary policy direction in 2026. However, from the current situation, the uncertainties related to the US dollar have actually provided some potential benefits for the bullish market. The overall trend is unlikely to reverse quickly in the short term, and the current stance remains optimistic. But don't forget, short-term opportunities often come in waves, and those engaging in ultra-short-term trading pay more attention to rhythm, entry points, timing, and market cooperation. While maintaining a bullish outlook on the big picture, it's also important to watch for turning points in short positions to stay flexible.

**Market Situation of Bitcoin**

From a technical perspective, on the daily chart, Bitcoin has been steadily rising recently, with multiple consecutive bullish candles, and yesterday's large bullish candle even broke through previous resistance levels. The hourly chart shows a oscillating upward trend, with highs and lows gradually increasing, indicating a short-term need for a pullback.

The MACD histogram on the hourly chart has expanded, showing a clear increase in bullish momentum. However, the DIF and DEA are approaching overbought zones, showing some divergence signs. After the golden cross on the daily MACD, it continues to diverge upward, indicating a strong trend.

Regarding RSI, the hourly RSI has already exceeded 70, entering overbought territory, which may lead to a short-term pullback; the daily RSI is between 60-70, leaving room for further upward movement.

EMA moving averages are aligned in a bullish order on both hourly and daily charts. On the hourly chart, the price is closely following the EMA7, which serves as a short-term support level; on the daily chart, the long-term trend remains bullish.

**Trading Strategy**

For Bitcoin, there are two main scenarios:

First, go long in the range of 92,400-93,200, with a stop-loss below 91,600, and initial targets at 94,200-95,000. If the upward momentum continues, watch for around 96,600.

Second, short in the range of 95,000-94,200, with a stop-loss above 95,800, and targets at 92,800-92,000.

**Performance of Ethereum**

Ethereum also shows bullish characteristics, with similar trading suggestions:

Go long in the range of 3,115-3,145, with a stop-loss below 3,085, and targets at 3,200-3,240.

Alternatively, short in the range of 3,250-3,220, with a stop-loss above 3,285, and targets at 3,170-3,140.

**Final Reminder**

The above analysis and strategies are for reference only. Investment involves risks, and losses are at your own risk. Considering possible delays in publication, it’s best to adjust your operations based on the latest market developments in real time.