5.12, Tuesday, Big Pie Ethereum Morning Thinking!

From the one-hour technical structure chart, the price channel is oscillating downward and has broken below, with signs of the channel opening up below. However, due to slow momentum, the pullback is also accompanied by repairs, with frequent shifts between bullish and bearish volume. The oscillating downward pattern is already clear. For the upcoming short-term strategy, we remain cautious and consider shorting on rebounds.
On the four-hour level, the trading channel is forming a strong narrowing, with the upper resistance line within a narrow range. The price is weakly declining within the box, with bullish volume being hindered and showing weakness. The moving averages are not showing a clear upward turn. The smaller timeframes also indicate a further decline is needed. The short-term oscillation is obvious, with resistance on the rise and a pullback. Our next approach is mainly to participate in short positions at high points.
Bitcoin personal trading suggestion: Short around 82,000, target 81,000-80,000.
Ethereum personal trading suggestion: Short around 2,340, target 2,300-2,270.