$BTC 5.13 Wednesday afternoon Bitcoin Ethereum latest ideas and analysis

Volatility is the ladder of warriors, mediocrity is the grave of the weak. Since choosing the distant, just focus on the journey through wind and rain, see you at the top. Looking back at the morning, Bitcoin rose from the early morning low of 79,843 all the way up to the midday high of 81,281, while Ethereum closely followed Bitcoin's trend from the early morning low of 2,256 up to the midday high of 2,303.

According to the current four-hour chart, although the price is still fluctuating above 81k, a careful look — MACD has already shown a clear death cross, DIF is lying below DEA, green bars turning red? No, now the green bars have disappeared, bearish energy is accumulating. This is called "water death cross," often the beginning of a correction.

Looking at the volume, the last two candlesticks rebounded with decreasing volume, while during the decline, volume increased. Today's volume bars haven't even surpassed the MA5, indicating buying pressure is clearly lagging. The previous high at 82,850 above looks like a hat being held down, multiple attempts to break through were pushed back — not because there's no strength, but because no one really wants to push higher.

In terms of pattern, it's even uglier, with higher highs gradually decreasing, and lower lows constantly testing the 80k level. Once the recent low of 79,200 is broken decisively, the bottom could be a deep abyss. Lao Lei doesn't talk about faith; whatever the chart says is what it is. Buying at this position is like taking a flying knife, better to hold a small position and try shorting, with stop-loss above the previous high.

Afternoon trading ideas
Bitcoin around 81,600 can short, target 80,500
Ethereum around 2,320 can short, target 2,275