After significant fluctuations, Bitcoin has entered a stable oscillation period, with Ethereum following suit and showing bullish dominance. Bitcoin is expected to continue consolidating, while Ethereum has a bullish outlook in the medium to long term. Unemployment insurance data will be released tonight, and we need to be cautious of short-term volatility. #BTC #ETH $BTC $ETH

On the morning of May 29, the market bulls remain fierce, emotions are once again stirred. Will the inflated values turn into nothingness in this round?

The bulls continue to develop vigorously. Is the downward test during the early hours aimed at a better upward push? We continue to focus on intraday rebounds.

Looking at the short-term data, the Bitcoin price on the hourly chart is near the middle track, with MACD bullish momentum continuing to increase, and RSI trading volume has also improved. In the short term, we are positioning ourselves around the rebound shorts.

For Ethereum, the price is above the upper track, and a slight recovery space has emerged in the morning. The MACD bullish momentum continues to increase, indicating further upward potential in the short term, and the RSI has broken through the overbought area and continues to develop upward. Throughout the day, we will pay attention to Bitcoin's direction and position ourselves around the rebound shorts.

Short-term operations:
Bitcoin is around 1089-1094, with a target downward looking at 1074-1079.

Ethereum is around 281-285, with a target downward looking at 269-272. #BTC #ETH $BTC $ETH