5.17 Market Analysis：
Last night, Bitcoin surged to $104,500 but couldn't maintain its momentum and began to turn downwards, with a low of around $103,300 this morning. Ethereum followed suit, sliding from $2,648 down to $2,505.
From a technical perspective, the four-hour chart has seen two consecutive bearish candles breaking below the middle band, and several key indicators show a bearish advantage. Looking at the hourly chart, the price is moving down along the lower band, with all indicators pointing to a downtrend. However, there's a detail to note: short-term indicators suggest that it has fallen too much and may see a small rebound.
My judgment is: the market is clearly in control of the bears now, but the rapid decline may lead to some fluctuations. The strategy should primarily focus on shorting at highs, considering entry around $103,500 for Bitcoin, targeting $102,000; for Ethereum, shorting near $2,520, aiming for around $2,420.
The market continues to change, and we are closely monitoring it to seize new entry opportunities. Like and comment to navigate through the bull market and firmly grasp this major opportunity.
