Let me briefly talk about the market:
This wave of Bitcoin's rise in the early morning is obviously the result of Ethereum, and Ethereum has received a strong rebound due to the popularity of the May ETF. It is really not easy.
However, there is no need to be too optimistic. Bitcoin's rebound is obviously weaker than Ethereum. The key monthly resistance level fell back after a sharp drop, indicating that the resistance near 64,000 is still not small. Above, the daily resistance level has come to around 65,000. Although the decline of the key resistance level has made the distance between the price and the resistance level smaller and smaller, it also brings more resistance to the subsequent short-term price breakthrough. How to break through the resistance level in one go and stand firm is very important.
As for Ethereum, the breakthrough is obviously stronger than Bitcoin, but it has also barely broken through the upper track of the daily Bollinger Band, and the RSI relative strength index is about to start near 70, which means that the price has just come to a safe range, and the emotion is about to start overbought emotions. The release of emotions is not in contrast to the price increase, and the market is still weak.
Of course, we can attribute this to the fact that it is the weekend, but whether it can really bring about an effective breakthrough still depends on the situation on daily trading days.