The market is now completely in two extremes! Bulls are still trembling, afraid that the trend will turn down; bears, however, are completely steady, having just called for shorting in the morning, Bitcoin dropped directly by 3000 points, and Ethereum also fell by nearly 100 points. This precise prediction is simply too satisfying!

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