5.7 Market Analysis:

Yesterday, Lu Shi accurately grasped the pulse of the market, reaping substantial rewards with gains of 808 and 55 in different spaces.

Market analysis, daily chart: The contraction of the Bollinger Bands indicates a volatile pattern. After experiencing a "pin" in the Bitcoin daily chart, the bulls recaptured some lost ground, but the contraction of the Bollinger Bands shows a volatile pattern. The price is located between the middle and upper bands, with a clear dead cross between MA5 and MA10, MACD bearish volume diminishing, and KDJ three lines converging around 50, indicating a tug-of-war between bulls and bears, with an unclear trend.

Four-hour chart: Downward channel resistance and rebound limits

On the four-hour level, the price rebounded to the high of the downward channel (around 95000), without breaking the upper band resistance level. This is a key point for shorts; if it falls under pressure, the downward trend may continue. If it breaks above the upper band, then strategy needs to be adjusted; operationally, still focus on high positions, with the bottom wave assisting!

Operation suggestions:

For Bitcoin, short between 95000-95500, targeting down to around 93000-93500.

For Ethereum, short between 1780-1810, targeting down to around 1710-1740.