$ETH $BTC ETH Dream Position!

Can ETH rebound to the gap today?

On May 1st, ETH showed a price fluctuation around 1800, with a high of 1818.73 and a low of 1792.52, forming a small fluctuation range.

The daily level shows the price rebounding from 1731.7 to 1805.3, forming a clear upward trend, but recently facing resistance around 1800.

MACD shows a golden cross at the 1-hour level, indicating short-term upward momentum, but the MACD histogram is relatively small, limiting the upward strength.

RSI at the 1-hour level is 56.4, close to the overbought area, but not yet entered, indicating that there is still some room for the market to rise.

EMA at the 1-hour level shows a golden cross between the 7-day and 30-day moving averages, indicating a short-term bullish trend.

Trading volume is around 5495, relatively low, showing that market participation is not high and upward momentum is insufficient.

The daily level trading volume is 12651, a decrease from the previous trading day, indicating heavy wait-and-see sentiment in the market around 1800.

Bitcoin: Short at 94800 - 95300 Target 92000

Ethereum: Short at 1820 Target 1700

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