#Gate Square May Trading Share


Low volume sideways trading, waiting for the 5.12 CPI data.

Trading mindset: The current market is in "garbage time," and recovery after a sharp decline usually involves multiple retests. Do not be fooled by short-term 2-3% gains into entering the market.

Operational strategy: * Spot: It is recommended to continue observing or place staggered buy orders in the $76,500 - $77,000 range, and avoid chasing high above the resistance level of $78,500.

Futures: The funding rate has shifted from negative to neutral, reducing the pressure from shorts, but the bullish momentum is also insufficient. Currently suitable for ultra-short-term high sell and low buy within the $77,500 - $79,500 narrow range, strictly prohibit anti-positioning.

Risk warning: Pay attention to the Ethereum Foundation's selling frequency. If ETH falls below $2,250, it may trigger a new round of altcoin reshuffling. #BTC #ETH
BTC0.18%
ETH0.36%
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