May 3rd evening

Analysis:
Bitcoin is stuck at a high level in extreme indecision, and the rally around 79,500 is all a "trap to lure buyers," with each upward push accompanied by high volume sell-offs. The overhead trapped positions exert enormous pressure, and bulls are unable to organize a proper effective attack.
On the daily chart, clear signs of a high-level resistance and stagnation have appeared, with the TD9 signal hanging high, MACD energy bars continuously shrinking, and upward momentum nearly exhausted. The current sideways consolidation is just wearing down retail investors' patience. This top formation, characterized by "a prolonged attack that must lead to a fall," is very typical. Signs of capital outflow are increasingly obvious, indicating preparations for a deep correction.
The hourly rebound is weak, with lows gradually drifting downward in a shadow decline, and support at 78,000 is in danger. Currently, the "ETH" repeatedly faces resistance around 2300, with rebound highs continuously decreasing. The trend is clearly stronger than Bitcoin but still constrained by the overall environment. Volume shrinks during upward moves and increases during declines, clearly indicating that the main force is distributing chips at high levels. The bulls and bears are leaning toward a bearish stance. Once volume increases and the key support is broken, a downward trend could start at any time.

Trading suggestions:
Bitcoin: Rebound around 79,000-79,500, target 77,500, 76,500.
"Auntie" (altcoin): Rebound around 2320-2340, target 2270, 2250.
#比特币现货交易量新低 $BTC $ETH