5.30 Bitcoin continues to decline, Ethereum rises and then falls back, how to operate next.

After a continuous decline, Bitcoin has started to fluctuate, currently testing the key support at 106000 and waiting for direction. The resistance level on the daily chart is around 111980, and the support level is around 102000. Looking at the 4-hour chart, the resistance level is around 109000, and the support level is around 106000. Overall, one can look for a rebound to short!

Looking at Ethereum, compared to Bitcoin, Ethereum has been relatively active in recent days, with significant daily fluctuations. On the daily chart, the resistance is around 2810, and the support is around 2500; on the 4-hour chart, the resistance is around 2750, and the support is around 2400.

Operation suggestion:

Short Bitcoin at 107000-107500, target 105000-102000. Stop loss at 108500.

Short Ethereum at 2700-2730, target 2500-2400. Stop loss at 2760.