1️⃣BTC: The overall pattern is a rounded top, with the three peaks at 82,000 reaching a high and then declining, the 78,000 trend level being broken effectively, and the lowest dip to 76,000. Currently, it is only a weak rebound, with 78,000 as a strong resistance, and the rebound highs gradually moving lower without any reversal signals.

2️⃣BTC Trading: Short positions are arranged around the 78,000 range, with a stop loss at 78,800, adding positions in batches; the target is around 76,000 for partial profit-taking, keeping some positions for further decline, with the overall trend in late May leaning towards oscillation and decline.

3️⃣Exchange Rate Arbitrage: Previously, a short ETH position at an exchange rate of over 0.032 BTC, with a profit of 10 points, has been taken profit; ETH's trend is much weaker than BTC.

4️⃣ETH: The 4-hour wedge pattern is declining, short positions can be opened in the 2140-2150 range, add to short positions near 2180, and the short-term rebound is weakening, likely to decline again.

5️⃣The market is only a rebound correction, with the rebound strength continuously weakening, and it is expected to decline and complete the rounded top pattern.