$ETH May 30th Afternoon Market Analysis and Strategy
From the current perspective, the daily level shows a high and then a pullback, followed by a slight rebound before facing pressure again. Currently, a three consecutive bearish candle pattern has formed, with the previous high's upper shadow creating a double top test, and the rebound has been strong, losing the middle track of the daily level. In terms of candlestick patterns, a top adjustment prototype has already formed, along with the structure of the top adjustment. At the 4-hour level, a step-like oscillation and pullback have formed, with the moving average indicators scattered and diverging. In the short term, there will still be zigzagging back and forth, maintaining an overall pullback trend. The adjustment strategy suggests that during the rebound, the middle track will form strong resistance. The middle track at the 4-hour level serves as the critical point for this week; below this position, the bearish outlook remains unchanged. Today's overall strategy continues to focus on rebounds and pressure, with ongoing expectations for deeper declines.
Operational Suggestions:
For Bitcoin around 106000, a short position can be taken, targeting 104000.
For Ethereum around 2630, a short position can be taken, targeting 2500.
