The May Day holiday is gradually coming to an end, and a new week has begun. Over the weekend, Bitcoin (Big Pie) pulled back from above 970 to around 954, while Ethereum (Auntie) also moved in a fluctuating downward trend, pulling back 50 points.

Currently, from an hourly perspective, the MACD is hovering around the 0 axis, indicating a struggle for dominance. The four-hour Bollinger Bands show that Bitcoin has reached the lower band; at this time, attention must be paid to the signal of a shift in dominance. If Bitcoin can stabilize above 950/1750 after a pullback this morning, it can be viewed as a pullback phase after a rise; otherwise, there is a risk of downward movement. On the daily chart, the dominant trend still remains upward, and it may follow a path of down first and then up in the short term.

Yumi continues to pull back the Silk Road in the early morning.

Bitcoin 945-950 looking up at 970.

Ethereum 1790-1810 looking up at 1880.