Evening thoughts on May 5

Bitcoin dropped to around 93400 after going down to around 95700 early in the morning, and is currently operating near 94000. Bitcoin has closed with two consecutive bearish candles and has effectively broken below the MA5 and MA10 moving averages, forming a short-term downward pressure. The MACD indicator's two lines have turned downward below the zero axis, forming a dead cross, while the trading volume has gradually increased during the decline, resonating with multiple technical signals. The bearish trend is clear on the daily chart! A rebound can be expected for operations in the evening.

Operation suggestions

Short Bitcoin around 94500 to 94800, target 93200 to 92800

Short Ether around 1810 to 1830, target 1770 to 1730 #BTC