On the first day of the May Day holiday, Bitcoin indeed started to be "troublesome," fluctuating narrowly around 76,000 all day. The high of 76,600 yesterday has not been touched, clearly showing that upward momentum is weak.



In the short term, Bitcoin remains bearish as long as it does not break above 76,600, with a bias towards the downside. Watch 75,000; if broken, look at the 74,000 – 72,500 range.

Ethereum moves in sync with Bitcoin.
In the high zone: 2,270 – 2,300 facing resistance, if it breaks below 2,200, continue to look downward toward the target: 2,150 – 2,100.

This is a typical holiday consolidation market now, with small fluctuations and repeated grinding. No need for large positions; trade within the range and set proper stop-losses. #美国寻求战略比特币储备 $BTC
BTC1.63%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin