The short-term market is dominated by bears. After failing a test of key resistance, it enters a phase of a gradual decline with shrinking volume. Technical indicators show weakness: moving averages are arranged in a bearish order, and rebounds lack strength. Market sentiment shifts to watchful waiting, and the struggle between bulls and bears intensifies, but there is a lack of incremental capital to support a move. If support breaks, it may trigger panic selling.



May 5 Morning Trading Recommendations

For Bitcoin (BTC), you can initially set up short positions in the 80,500–81,000 range
Target: around 79,000

For Ethereum (ETH), place short positions around the 2,380–2,400 area
Target: towards 2,330–2,300
BTC2.21%
ETH1.37%
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