After Bitcoin rebounded from the lows, it rose to around 81,800 on May 6 before showing a clear pullback. The prior high acts as a resistance level at 81,800. The first support point below is at 80,500. The current price is forming an early head-and-shoulders top at a high level. It is currently in the testing phase near the neckline. A MACD death cross has formed; the long-side momentum histogram has turned to bearish. In addition, the KDJ diverges downward from a high level, indicating that the bearish move is likely to continue. Today, pay attention to two levels: 81,800 and 79,800. If price breaks above the resistance level, it indicates the pullback has ended and the bulls will restart. If it falls below 79,800, the market will enter a deeper pullback.

It is recommended to open short positions near 81,200–81,600. Targets: near 80,500–79,800.

In the Ethereum chart, I have already marked it in great detail. 2,370 to 2,380 is the short-term resistance zone. After the price rose to a high of 2,399, it entered a high-level consolidation phase. 2,340 is the central level of the prior trading platform and also the core support for the current pullback. After it breaks, the bearish trend will further weaken. At the same time, the MACD bearish momentum histogram is gradually increasing, and the three lines of the KDJ turn downward—this is a short-term pullback signal after being overbought, so it is not suitable to chase longs.

It is recommended to open short positions near 2,370–2,380. Targets: near 2,340–2,320.

Market conditions change rapidly; this strategy is for reference only. Make sure to manage your risk. #美国寻求战略比特币储备