Bitcoin has rebounded to 96-96.5K, basically forming a second top high point, so entering a short position in Bitcoin and Ethereum is a trade with a relatively high risk-reward ratio.
Currently, the situation of intermediate level volume-price divergence and decreasing trading volume on the daily chart shows that the bullish momentum has exhausted, making it unrealistic to continue rising to higher prices or even making new highs.
Additionally, with the intensification of inflation in the U.S., will the Federal Reserve cut interest rates in June? It seems quite uncertain.