Tuesday Afternoon, May 26th: Latest Ideas and Strategies for Bitcoin and Ethereum



From the current market situation, Bitcoin's daily momentum is weakening. Although there are occasional small rebounds on the daily chart, the upward strength is visibly insufficient. The bulls are gradually losing momentum. The current rally resembles a pause during a decline. On the four-hour chart: MACD red bars are shortening, DIF is turning downward, indicating an imminent death cross signal. A death cross suggests that short-term bearish forces still hold a relative advantage. The rebound lacks strength; if the price cannot quickly rally and recover lost ground, it may trigger further pullback. The RSI indicator is currently in a weak zone at low levels, showing weak buying interest, indicating that upward momentum is waning. Therefore, Lao Ma suggests a high shorting strategy.

Tuesday Afternoon Trading Ideas:
Bitcoin: Short around 77,200. Target 76,000
Ethereum: Short around 2,120. Target 2,030
BTC2.83%
ETH4.20%
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