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May Day holiday arrives as scheduled, and everyone is enjoying their leisure time—yet the market never takes a break. While others use the holiday to relax and travel, smart people have already quietly laid out their plans. Overnight long positions were once again reaping profits of 1,200 points! In the morning, it also grabbed more than 700 points on the short-term chart. Rather than lying flat during the holiday and missing opportunities, it’s better to follow Lao Hu’s pace and steadily take in your holiday benefits. Lao Hu’s team always stands firm on the front line of the market, guarding everyone’s accounts throughout. As for the costs of playing during the holiday, you can let the market cover them for you. The market rhythm is under my control—everyone can rest assured.
For today’s Big Pie (BTC), the short-term still maintains the approach of looking for a rebound and corrective movement. At lower levels, a “stop” has basically already formed; the downside pullback is gradually stabilizing. Looking at it from the angle of the weekly chart, the outlook doesn’t need to change much. After the doji, the lower shadows and the current back-and-forth swings—at a larger scale—have already been defined as the bulls’ correction-and-accumulation phase. Even though there is a pullback, it still doesn’t alter the upward trend. In the daily and smaller timeframes, the price action is relatively choppy, but it remains a retracement after a push higher. As of now, the speed of reclaiming levels is still quite fast. After the pullback, the plan is to follow with short-term longs to watch for the medium- to long-term upswing—unchanged. Next, the monthly chart holding around 76,000 clearly shows that May still has sufficient upside momentum. The rally ahead is still worth our expectations.
### Trading Suggestions
Big Pie (BTC) long around 76,800—76,400; target 77,800—78,000
ETH long around 2,270—2,250; target 2330 $ETH $BTC #美国寻求战略比特币储备