Evening Strategy on May 20

From the 1-hour candlestick trend, the current Bitcoin is stuck in a high-level sideways consolidation pattern, repeatedly adjusting within a relatively narrow price range. The market frequently shows long upper shadow candlestick patterns, indicating that the bulls' multiple attempts to push higher have encountered significant selling pressure near key resistance levels, forming a clear suppression trend.

Looking at the technical indicators, the MACD indicator continues to operate below the zero line, suggesting that the overall market is in a weak pattern. At the same time, the DIFF line and DEA line are about to form a downward cross, indicating that bearish forces are continually accumulating. Combined with the current technical patterns and indicator signals, the likelihood of price continuing to retreat in the short term is quite high.

Bitcoin Trading Strategy: Sell on the rebound around 105600-106500, targeting around 102500.

Ether Trading Strategy: Sell on the rebound around 2540-2580, targeting around 2440!