$BTC 5.15 Early Morning Bitcoin and Ethereum Latest Ideas and Analysis

Market fluctuations are not to be feared; lows are for accumulation and preparation, while high levels require calm decision-making. Only by enduring the cold winter of volatility can we迎接 a doubling bull market. Those who dare to persist and have a broader vision will eventually meet at the peak of the track!
Looking back at Thursday, Bitcoin rose from the early morning low of 78,754 all the way up to the evening high of 81,590. Ethereum closely followed Bitcoin's trend, rising from the early morning low of 2,234 to the evening high of 2,313.

This violent surge in the evening truly ignited many traders' bullish sentiment, with prices soaring to test high levels. The short-term bulls experienced extreme celebration, but the more aggressive the rise, the more risks accumulate in the shadows.
From the 15-minute short-term chart, this rally was driven by concentrated volume, typical of a pulse-like upward movement. The upward momentum has already begun to show signs of fatigue. The MACD indicator's bullish energy has reached high levels, severely overbought, and may soon turn downward with a death cross, with volume rapidly shrinking and falling back.
Moreover, since this rally from the low to the current high, there has been no healthy deep correction, accumulating a large amount of profit-taking pressure. The selling pressure at high levels could be released at any time. The strong resistance zone above is heavily pressured, making further breakthroughs in the short term very difficult.
Currently, chasing longs is akin to picking cherries in a fire. I, Lao Lei, am clearly bearish on the subsequent trend, and in the short term, a top may form, leading to a deep retracement downward.

5.15 Morning Thoughts
Around 82,000 for Bitcoin can be shorted, target 80,700
Around 2,320 for Ethereum can be shorted, target 2,270