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Is the recent upward trend of Bitcoin over? I don't think so.
Currently, Bitcoin has broken below the bearish flag pattern and is testing the key support level at 80,800. If this level cannot hold, it will move downward to test the support at 79,600, and once 80,800 is broken, the upward trend will be directly disrupted, and the price may fall into a range-bound consolidation zone with fluctuations.
For those who are doing short-term trades during this correction, it's best to exit quickly, or you'll risk getting trapped! Many people in the market are saying the upward trend is over, but that'
ETH-1.33%
BTC-0.23%
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Market analysis on May 7th: From the four-hour structure of Bitcoin, this wave of market action has clearly entered the "rise and profit-taking" stage. After breaking through 82,800 to set a new high, the price did not form an effective continuation of the rally, but instead closed with consecutive declines, and selling pressure at high levels quickly intensified. Especially as the key support at 81,000 was directly broken, indicating that the bulls' defense is beginning to weaken, and market funds are gradually cashing out and exiting. The biggest feature of the current market is — the reboun
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Bitwise bets on stablecoins scaling as tech giants lean in, with projections of up to $4T by 2030 if adoption accelerates. $USDT $USDC (ticker relevance based on stablecoins)
USDC0.01%
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$TON is now up by 120% in last 30 days.
TON34.48%
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#BTC回调 #Gate广场五月交易分享 When USD/JPY exceeds 150, it’s when the stock market and the crypto sphere are at their most dangerous—signs that a bubble is about to burst. Also, since last night it didn’t break through 83,000, so I shorted BTC at 82,000.
BTC-0.24%
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Last night, I subscribed to the sleep order, and I remember 100% to reduce my position and push for capital preservation!
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May 7, 2026 Bitcoin, Ethereum, Sol Price Analysis and Ideas
Today is May 7, 2026. After a rapid surge in recent days, the crypto market has entered a high-level consolidation and direction selection phase. The market shows significant divergence characteristics:
· BTC: Geopolitical news fluctuates repeatedly, breaking through is suppressed by profit-taking and news sentiment, retracing to key support zones.
· ETH: Passively follows, with a weak trend, lacking independent upward momentum, and low capital attention.
· SOL: Volatility has dropped to historic extremes, with prices confined within
BTC-0.24%
ETH-1.33%
SOL1.44%
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Is ETF Just the First Step? Institutional Entry Channels Open, but Custody and Infrastructure Still Severely Lag
gate liveLIVE
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it's 2009 and nothing hits as good as playing Runescape
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The Bitcoin 2026 Conference dominates headlines Industry leaders declare has crypto officially entered the mainstream era
gate liveLIVE
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iDaniUser:
To The Moon 🌕
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May 7 — latest market outlook analysis
BTC has been strongly boosted by news catalysts in the short term, breaking out powerfully. The price surged to around 82.8w, where it sits at a stop-loss concentration zone for shorts. Bearish swing-trading positions have been liquidated in large batches, causing bearish momentum in the market to sharply weaken.
The market originally had a pullback expectation based on the rising wedge pattern. However, under the dual effects of continuous geopolitical news boosting sentiment and concentrated stop-loss orders from shorts triggering explosions, the price
BTC-0.24%
ETH-1.33%
BNB1.92%
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#BTCPullback
Bitcoin’s current pullback around the $80K-$81K region is not showing market collapse. It is showing a market resetting leverage before the next major decision phase.
After reclaiming key higher-timeframe levels and briefly pushing above $82K, BTC faced aggressive volatility driven by macro headlines, profit-taking, and liquidity sweeps across derivatives markets.
What stands out right now is not the retracement itself — it is Bitcoin dominance remaining elevated near the 58-60% zone while price volatility continues.
That tells a very important story.
Capital is not fully leaving
BTC-0.24%
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HighAmbition:
good 👍
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Brothers, the case is solved! I said how my TON short got trapped like a dog—turns out I followed a fake “short army” whale leader.
I was confused: why couldn’t this TON short ever be unwound no matter what?
I went to check the whale leader’s position—wow—
The whale brother is running:
5x full position, 2,968,000 TON, entry price $2.33
Now it’s already floating a loss of $1.5 million, margin $1.68 million, liquidation price $5.88
Paid $7,590 in funding fees alone, and he’s still stubbornly holding
So it turns out I didn’t open the position myself—I was just the one left holding the bag for big
TON34.21%
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It’s too hot. In summer, refrigerants and electricity should do well over these two months. CC: Yonghe Co., Huaneng—old-timer, keep it up, Datang Power Generation.
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good morning I hope you had a great day #BTCPullback
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PEPE/USDT Trade Plan
$PEPE #CryptoStocksRally
(All prices ×10⁻⁶ for readability, e.g. "4127" = 0.000004127)
Multi-Timeframe Snapshot
TF
Trend
EMAs
MACD
Notes
1h
🔴 Bearish
4116 < 4128 < 4144
Negative, red bars
Downtrend from 4276 peak
30m
🔴 Bearish
4115 < 4117 < 4137
Near zero, weak
Below MB, consolidating
5m
🟡 Micro bounce
4120 > 4116 > 4108
+0.000000002
Short-term bounce, near UB
Key Levels
Level
Price (×10⁻⁶)
Significance
Resistance 3
4158
BOLL MB (1h) — key reclaim level
Resistance 2
4137–4144
EMA30 cluster (30m/1h)
Resistance 1
4130–4133
BOLL MB (30m) + UB (5m)
Current
4127

Support
PEPE-1.37%
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🌹This month's long-term big gains‼️ Unknowingly, Ding Yue has been 4 years, congratulations on over 1,000 subscribers, 6.5GT discount now available‼️ Friends who subscribe are not fools, if not earning, then you 😄 Apple can click 👇 or copy to the web to subscribe:
https://www.gate.com/zh/profile/When will the autumn rain end
————————————————
🌹 Early in the month, Bitcoin at 65,700+65,900+ Ethereum at 1,955+2,015, already 79,400/2,465 for big gains
🌹 Last week, 74,250/2,275, more than 79,400/2,420 for gains
————————————————
🌹 Last Friday, 75,200/2,220, more than 81,650/2,400 for gains
🌹
BTC-0.24%
ETC-0.23%
AVAX0.48%
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BrotherSanFromInfiniteCityIs:
Steadfast HODL💎
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‼️Last week + this week, both long-term positions gained big profits‼️ Contract on the 7th / spot positions have been updated 👇 Crypto circle only follows the right people, thank you all for your support, May Day half-price 5gt last day, 90% success rate subscription has exceeded 500 people 💰 Apple point 👇
https://www.gate.com/zh/profile/ Little Ghost daily contract
🔥 Recently gained over 500k U.S. dollars in a row‼️ Last Monday 75,800 / 2,265 long 77,850 / 2,345 ate 500k 📈 Last Friday 75,200 / 2,220 long, now 80,500 / 2,395 eating profits 📈 Monday 78,200 / 2,320 long, 82,800 / 2,420 a
BTC-0.24%
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MyPigIsAmazing.:
Buy the dip 😎
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