Gu Jingci: Bitcoin/Ethereum Trading Strategy with Market Analysis (May 3rd)

Bitcoin/Ethereum saw little volatility over the weekend and the May Day holiday, with overall bullish and bearish momentum lacking strength. The daily chart shows two relatively long bullish candles, indicating a rebound from previous lows, but the upward momentum has weakened. The 4-hour chart shows a large bearish candle, almost completely erasing the gains of the previous bullish candle, indicating the entry of bearish forces. The long upper shadow suggests intense competition between bulls and bears at the current level, with insufficient upward momentum. Technically, both the DIF and DEA lines are above the zero line, with the DIF line above the DEA line. The MACD histogram is positive and converging, indicating a continued bullish trend in the short term, but with weakening upward momentum. Short-term trading volume has shrunk significantly, especially the most recent candle, indicating a lack of volume support for current price fluctuations and a strong wait-and-see attitude in the market. Trading suggestions: Short Bitcoin around 78400-78800, target 76000-77000; Short Ethereum around 2310-2330, target 2200-2250. We're here every day, not to prove a high win rate, but simply to let you know our team is always present, monitoring the market 24/7, professional and reliable. Analysis and strategies are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time information.