Good morning everyone, the market data saw changes in the early morning. BTC first rose to a high of 94817, then quickly fell to 93814. Subsequently, it made another upward move, breaking through 95000 in the morning and then fluctuating nearby. ETH and BTC's trends are becoming closer, with longs and shorts taking turns to make a strong push, rising to a high of 1832 in the morning before pulling back.

From the overall structure, combined with the understanding of the overall market data in the early morning, BTC has not stabilized above 95500, making it difficult for the upward trend to continue, and it is still in a downward testing process in the short term. On the four-hour chart, the strong push in the early morning has not recovered the previous fall, and after the volume of the upward trend has decreased, the downward pressure has significantly reduced. Although the downward trend of the upward trend volume has eased, it is clearly constrained by the middle track, and there is still some room below in the short term.
On the hourly chart, the short-term momentum is dominant. After successfully breaking through the upper line, the price has retreated. Technical indicators are all trending upward, but the KDJ has begun to show a turning trend. In terms of short-term strategy, we should first look for a pullback.
In the morning, BTC is referenced around the current price of 95000, looking at 94000; ETH is referenced around 1830, looking at 1800.
#五月行情预测#