Wednesday, May 6th Market Analysis

During the May Day holiday period, BTC continued to rise, breaking through the 81,000 level. The main trend remains bearish, with the 4-hour upward trend maintained, showing slight bearish divergence. Wait for volume to decline before considering short positions. The daily chart remains in a sideways upward movement, with slight bearish divergence. Watch for changes in volume and wait for a good entry point.
ETH follows BTC's upward movement but is weaker than BTC. On the 4-hour chart, no significant volume change is observed, and it continues to fluctuate within a range. Be patient with short positions and consider adding after a rebound. The daily chart shows six consecutive bullish days, but the gains are modest. A golden cross on the axis is likely to occur, indicating a potential rebound. Focus on intraday volume changes, wait for a rebound, and be patient with short positions. The main trend remains bearish.
BTC Trading Strategy: Short around 81,700, add positions around 82,500, take profit at 80,700-79,000, stop loss at 83,000.
ETH Trading Strategy: Short around 2,380, add positions around 2,420, take profit at 2,350-2,310, stop loss at 2,460.