The rise and fall of the coin market, only the survivors are kings; staying true to the original intention, ultimately迎the dawn. The cryptocurrency market is turbulent, with countless people eliminated in the ups and downs, only those who can hold on until the end can become true winners. Yesterday early morning, Bitcoin touched the 82,098 level and continued to face downward pressure, dominated by bears in the short term, with the market entering a slow decline, currently stopping at around 79,801 for a rebound. Ethereum was also under pressure from yesterday morning at around 2,344 and similarly showed strong bearish momentum, with bulls having little strength to resist, and the lowest point was around 2,255 before stopping and rebounding.

From the current overall structure, the short-term market sentiment remains strongly bearish, and a significant rebound to recover has not yet occurred. Instead, resistance levels above are continuously decreasing, with highs moving lower. Yesterday and into the early morning, continuous downward probes opened up space, which can be said to be quite effective. On a smaller cycle, the short-term is expected to first fluctuate sideways, then move downward. Currently, it is also entering a battle between bulls and bears, which can be considered a consolidation phase. Therefore, for subsequent entries, it is still advisable to mainly follow the short positions.
On Wednesday, Bitcoin around 81,000 can be shorted, with short-term targets focusing on 80,000-79,000.
Ethereum between 2,310-2,295 can be shorted, with short-term targets focusing on 2,250-2,210.
$BTC $ETH #特朗普5月13日访华