Happy May Day to friends! This afternoon, the Bitcoin market experienced a strong upward trend. The price climbed from a low of 94754 all the way up to a high of 96351 before stopping its rise. Meanwhile, Ethereum's trend was also very similar to Bitcoin, with the price rising from a low of 1801 to a peak of 1850.

From the current market analysis, the four-hour level chart shows that the price has continuously closed with gains, breaking through the upper Bollinger Band and reaching recent highs. However, the MACD indicator has shown a top divergence, indicating that the overall market trend may carry the risk of a false breakout. Looking at the one-hour level chart, the price has also continuously closed four bullish candles, operating above the upper Bollinger Band, but these bullish candles have obvious upper shadows, showing insufficient upward momentum. In addition, the KDJ indicator's three lines have all entered the overbought zone and have formed a death cross, and this series of signals indicates that bullish strength is gradually weakening, making a short-term price correction more likely. In the evening, a high-short strategy can be maintained.

You can short Bitcoin at 96200-96500, targeting around 94500, and short Ethereum at 1840-1860, targeting around 1790. #BTC $BTC