Reviewing the morning market, the intraday price movement has been relatively slow, with the white trading session showing little change in pace. Big Cake (Bitcoin) has oscillated and drifted downward from the 81,450 area in the morning; after dipping to a low of 80,666, it bottomed out and rebounded. We provided a buy-on-retracement plan earlier in the day and have already arranged long orders for entry in the morning. We didn’t wait for the price to retrace further—take profits first. At present, the market is consolidating and building a base near the lows; just wait for the market to rebound.

From the overall structural pattern, the uptrend channel structure remains intact. Each round of pullback has shown characteristics of converging strength, and the retracement space has never broken below the key central pivot support of the rising structure. The market’s earlier swing high continues to rise and then breaks through step by step. The first short-term resistance is mainly concentrated in the 82,800-83,000 area. This position is only a short-term pressure point, not a strong suppression zone. A subsequent breakout upward is still within the expected move of the structure; the only difference is the time cycle. On the hourly timeframe, the lower band of the Bollinger Bands has completed bottoming out and repair, while the three Bollinger lines gradually converge and flatten. This indicates that the market has entered a short-term range-bound consolidation and adjustment pattern. Currently, bullish volume still holds the dominant advantage. The core intraday trading idea is to buy dips at retracement supports.

Big Cake (Bitcoin) personal suggestion: go long in the 80,600-81,000 range, targeting 83,000.

Ethereum personal suggestion: go long in the 2,300-2,330 range, targeting 2,400.

$BTC #Gate广场五月交易分享