5.8 Early Morning Thoughts

Bitcoin has followed the expected pattern of exploring higher levels before retreating, with the daily candlestick closing as a bearish candle with a lower shadow. The previous day's high was a doji bearish candle that had already released a reversal signal in advance, and the warning of the evening star pattern has also been confirmed as expected. Our forecast has once again been validated by the market. Ethereum has also shown a similar pattern, with a weak upward movement followed by a daily candlestick closing as a pin bar. Recently, the market has been clearly pulling back within a range, with frequent washouts. Only by accurately grasping the highs and lows—shorting at high points and going long at low points—can one remain undefeated amidst the volatility. The early morning thoughts are clear: first look for a rebound, and then continue to layout high shorts.

Operational Suggestions:

Bitcoin 96900-97400 range, look for 95800

Ethereum 1820-1840 range, look for 1780