1. Key Price Levels Today (5/2)



• Current Price: 78,300

• 24H High: 78,918; Low: 76,200

• Core Support: 77,800–77,300 (Short-term strength/weakness zone)

• Main Resistance: 78,900–79,300 (Intraday strong resistance)

2. Short-term Trend Analysis

• Daily Chart: Steadying with a slight positive candle, holding above the Bollinger middle band, mid-term bullish dominance, upward structure intact.

• Hourly Chart: High-level volume contraction and sideways movement, upward continuation pattern, still has upward momentum after digesting profit-taking.

• Market Characteristics: Above 78,000 shows a slightly bullish oscillation, limited pullback, bullish sentiment warming.

3. Drivers and Risks

• Bullish Factors: Continuous ETF inflows by institutions, easing geopolitical risks, relatively loose capital conditions.

• Bearish Factors: Weak liquidity over the weekend, profit-taking pressure at high levels, short-term overbought correction needed.

4. Trading Strategy (For Reference Only)

• Mainly bullish, consider buying on dips around 77,300–77,800, with a stop loss below 77,000.

• If breaking above 78,900, target 79,300–80,000; if encountering resistance, expect pullback and consolidation.
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