On May 1st, Bitcoin rose from 93,464 to 94,738 in the early morning, with a fluctuation range of 1,200. Ethereum rose from 1,755 to 1,808 in the early morning, with a fluctuation range of 50.
From a four-hour chart perspective, Bitcoin shows an increase in momentum bars, with the KDJ forming a death cross and a downward trend. The K-line is operating below the mid-band of the Bollinger Bands.
Morning Bitcoin: rebound to around 94,400-94,900,
looking towards 93,500-92,600.
Morning Ethereum: rebound to around 1,800-1,820,
looking towards 1,765-1,745.
