5.16 Early Morning Thoughts

From the current market trend, the short-term rebound momentum is clearly insufficient, and multi-dimensional analyses including technical indicators and fundamentals all show a bearish dominant trend. Therefore, during the early morning trading period, I remain firmly committed to a strategy of shorting on rallies.

Bitcoin Trading Strategy: Short on a rebound around 104300-105100, targeting around 102500

Ethereum Trading Strategy: Short on a rebound around 2610-2640, targeting around 2540