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May 2nd Trend Analysis: Bitcoin continues to look to break through the 80k mark, with Ethereum bulls closely following and gaining momentum.
In recent days, the outlook has been bullish from 75,000, and today we still maintain a bullish stance, short-term aiming to break 80k and test the 81,000~84,000 range. The overall trend continues to point to a significant rally, with short-term long positions floating in profit. From a technical perspective, Bitcoin's upward channel resistance has been raised to around 83,000, trend support has been raised to around 76,000, and short-term parallel resistance is at 80,500.
From Ethereum's technical perspective, channel resistance has been raised to around 2,515, support has been raised to around 2,000, the midline support is near 2,250, and the strongest parallel resistance remains at 2,620!
Trading Suggestions:
BTC: Buy at 77,000-77,500, target 79,000-80,500, stop-loss at 76,500
ETH: Buy at 2,240-2,280, target 2,450-2,550, stop-loss at 2,200
The opinions, conclusions, and recommendations in this article are for reference only and do not constitute investment advice. The market carries risks; invest cautiously. $BTC $ETH