LongChenOnMarketTrends

Reviewing the intraday market, Bitcoin's overall price action showed an initial rebound that was blocked at the 81,500 level, then faced downward pressure, and ultimately retreated. Throughout the day, it remained oscillating around the key support level of 80,600, which is also the middle line of the 4-hour chart. Ultimately, the bulls' rebound lost momentum, leading to increased volume on the bears' side. Currently, Bitcoin has once again broken below the 80k level, testing lower support levels for consolidation. Ethereum, as always, remains weak, starting to oscillate and retrace from the 2

After waiting for an entire afternoon, the breakdown and subsequent dip finally arrived. A short position was set up around 81,600 on BTC, capturing more than 1,000 points of space. A short position was also set up around 2,350 on ETH, taking advantage of the move to capture more than 30 points of space.
At present, with the 80,600 support structure broken, the overall market has once again fallen into a weak tone. For friends who opened large positions, it’s recommended to first consider a reduced position or closing first; for friends who entered with a lighter position, continue to hold and

Bitcoin short-term is currently still ranging and consolidating near the middle band of the 4-hour Bollinger Bands on the 4-hour chart. The support structure around 80,600 at the bottom is still relatively strong. In the short term, watch whether this rebound after the pullback and stabilization can stop falling and then rise with increased volume—whether it can further hold above the 81,600 line, and thereby drive a bullish volume expansion. In terms of trading, you are currently considering attempting a short position around the 81,500 rebound level.
Ethereum is also currently in a rebound p

Enter short positions in line with our strategy; continue to watch for a pullback continuation. Currently, we are considering reducing positions around 80,600. The upward channel has already shown clear resistance; if the pullback to the 80,600 support lacks momentum, attention can be shifted to around 79,500. #Gate广场五月交易分享 $BTC ‌$ETH ‌

In the first half of the day to midday, the market is still consolidating and being treated as a range-bound situation, and Bitcoin is pulling back twice during the day, then getting blocked around the 80,700 line and rebounding. It has now recovered again back to the opening point of the morning session, and it is also running near the top of the upward channel. As for Ethereum, it is still following the drop without following the rise; overall, it retraced to around 2,310, met resistance, and rebounded. It has now recovered again to around 2,340. The early morning live stream also precisely

Bitcoin currently shows a certain upward channel on the four-hour chart, facing resistance and consolidation. At the moment, the midline at 80,600 is a short-term support level. The trading range for the day is also quite clear. The key point is whether the market can further test the break below, leading the daily chart to form a larger correction structure of a decline. In terms of operations, focus on short positions, with short-term attention on consolidation between 80,600 and 81,500. Light short positions can be taken on a break below 81,200, with a target of 79,200-79,500 if the 80,600

Early morning market remains in a range-bound consolidation, correcting yesterday's unilateral surge. Currently, Bitcoin's pullback to the 81,000 level is clearly encountering resistance, followed by a rebound and consolidation, now again trading within yesterday's white session range. A certain top-bottom reversal has formed around 81,000, and the bulls still hold a dominant position in the near future, with the possibility of further volume expansion and continuation. Regarding Ethereum, after confirming short-term support at 2,330, it is currently consolidating around 2,350, showing weaker

Reviewing the intraday market, Bitcoin initially consolidated in the morning, then the bulls increased volume and continued to push higher, breaking new highs in stages, gradually surpassing 82,000-82,500, with a peak at 82,800 in the evening before facing resistance and pulling back. Currently, the price remains around 81,500, fluctuating and consolidating. Ethereum, despite a further breakthrough above 2,400, still faces resistance at the lower boundary of the previous upward channel, showing a weak consolidation pattern. Regarding intraday positioning, the strategy was to anticipate the top

After the evening rebound, promptly provide a short-selling idea. Yes—riding the trend to lock in a 1,000-point space, with Ethereum taking a gain of 55 points. In terms of how the overall market is moving, currently there is a pullback. Bitcoin is blocked at the 81,000 level, and Ethereum is similarly blocked at 2,350. In terms of the current move, it is in a normal decline after testing the highs. The pullback has basically confirmed that the prior support remains effective, and there is still increased volume on the short-term. For later trading, wait to set up the short around 82000-82500.

People say that strong forces don’t need to speak at the top; time has come to Wednesday, and this week has also pulled up nearly 5,000 points of space. In the evening, it once pushed higher to around 82,800, facing pressure there as well—which is also arriving near the high point we expected. As for Ethereum, after breaking through the 2400 level, there hasn’t been much follow-through. It’s still the same kind of stage-by-stage resistance as always. In the future, although it has stood above 2400, the suppression on the upside should still remain. Unless it breaks through clearly and holds st

The bull market continues as expected, and Bitcoin has now experienced a certain volume increase to push higher. The market is in a stage of temporary upward exploration, with each rebound accompanied by a small pullback for consolidation. In the afternoon, friends who follow the bullish trend and entered long positions can consider reducing their positions or taking profits first, waiting for a correction, and then looking at the support structure before considering a rebound.
As we gradually approach our expected high point, around 82,000 for Bitcoin, you can also consider trying to catch th

In the early session, Bitcoin (“big cake”) is still in a bullish, volume-increasing phase dominated by the bulls. The morning pullback around 80700 stopped falling and bounced to rebound; in terms of price comparison, the bulls’ volume surged and pushed the price higher. During the afternoon, the rally continued, topping out near 81700 before meeting resistance and coming under pressure. Ethereum is the same as before: it is still consolidating in the 2350-2380 range during the midday. There is still no catch-up rally, no meaningful breakout and failure to follow through to the upside—however,

Ethereum has recently been a bit overwhelmed, with Bitcoin surging while Ethereum remains relatively quiet. It is still under pressure at the 2400 resistance level. As the market further consolidates, a certain head and shoulders bottom pattern has formed. The key focus moving forward is on the 2400 break situation, continuing to monitor the resistance level of the previous upward channel and considering taking profits.
Currently, the short-term support is around 2350, with a rebound. As the moving average structure shows a bullish alignment, the outlook remains mainly bullish. For short-term

Reviewing the early-morning market: Bitcoin (the “big cake”) made a second attempt to probe higher around the 82,000 area, but it failed and pulled back. The comparison price is currently holding and consolidating at around 81,000, with no further falling through the 81,000 level. Ethereum, as ever, lacks strength; during the night it came under pressure around the 2,380 area and pulled back. It’s still using adjustment as the approach, with further corrections, so that the bulls can build up momentum.
Bitcoin is now rebounding further and pushing the consolidation range higher, sitting in a s

The overall intraday trend is still in the process of reclaiming the Bitcoin dominance. After a certain pullback in the early session, the lows were gradually raised to around 79,500. The market saw a bullish surge, with multiple volume breakthroughs of the previous key resistance zone between 80,500 and 81,000. Currently, the highest price continues to push higher around 81,500, with the current price maintaining oscillation and consolidation near 81,000. As for Ethereum, the situation is somewhat disappointing. It experienced a second volume surge intraday but failed to break through the 2,4

From midnight to early morning, the market was almost unmoving, and the overall trend can be described with four characters as "sideways instead of decline." After the price surged higher, it did not give much room for retracement, mainly consolidating sideways to replace a pullback. Last night, Bitcoin oscillated upward from around 78,128, repeatedly breaking through the 80,000 level, reaching a high of 80,771, but faced resistance from above. Although the bulls did not continue to increase volume to push higher, there was no deep correction either, which is exactly what we call "sideways ins

Reviewing the intraday market, the price surged sharply in the early session, with Bitcoin volume increasing. It briefly rose to around 80,500 before facing resistance and pulling back. The intraday also saw some correction, with a downward spike and a retest near 78,200, which was clearly resisted and then rebounded. In the evening, after a battle between bulls and bears, the bulls ultimately took control with increased volume, pushing higher. Although currently facing resistance at 80,500, the bullish strength is fully demonstrated, and there is a stronger intention to stabilize above the 80

The evening market rebound is still under pressure at the key resistance level of 80,500. In the short term, it cannot continue further and is still in a consolidation phase. Currently, you can consider waiting for a correction around 79,000 to consider entering a small long position. Continue to watch the 80,500-81,000 range for the rebound. #美国寻求战略比特币储备 $BTC ‌$ETH ‌