May 3 BTC/ETH Intraday Market Forecast and Analysis

I. BTC

Price started from a low of 75107.6, formed a complete V-shaped reversal, and then consolidated sideways in the 78000-78500 range. As the rebound continued, trading volume was gradually released, and short-term bulls held the leading position.
On the intraday chart, the price has regained the previous high platform, and the moving averages show a bullish alignment. The short-term uptrend has not been broken.
- Short-term support: 78000, 77700
- Core support: 77500 (lower boundary of the oscillation midpoint)
- Short-term resistance: 78700 (intraday high), 79000
- Core resistance: 78700-79000 (previous high pressure zone)

Intraday direction and strategy:
- Main trend judgment: Slightly bullish in the short term. Overall, the market is in a high-level consolidation after a rebound. Bullish momentum is still continuing, but it faces a test of the previous high pressure zone.
- Long position ideas: If the price pulls back to the 78000-77800 area and stabilizes, a small long position can be considered. Targets are 78700-79000, and the stop loss is set below 77500.
- Short position ideas: If the price fails to break through the 78700-79000 resistance and a volume-backed pullback occurs, a small short position can be considered at high levels. Targets are 78000-77700, and the stop loss is set above 79000.

II. ETH

Price surged quickly from around the low of 2231, reached the intraday high of 2344, and then pulled back. It is currently consolidating in the 2300-2310 range, near the upper boundary of the rebound midpoint.
On the intraday chart, the price tested the 2300 support line multiple times and did not show an effective breakdown. The short-term bullish trend is still maintained, but it faces pressure from the prior high.
- Short-term support: 2300, 2290
- Core support: 2280 (lower boundary of the oscillation midpoint)
- Short-term resistance: 2320, 2345 (intraday high)
- Core resistance: 2340-2350 (previous high pressure zone)

Intraday direction and strategy:
- Main trend judgment: Slightly bullish in the short term. Following a synchronous rebound with BTC, the market is currently accumulating strength in a high-level consolidation. Bullish momentum is slightly weaker than BTC, but the overall trend remains unchanged.
- Long position ideas: If the price pulls back to the 2300-2290 area and stabilizes, a small long position can be considered. Targets are 2320-2345, and the stop loss is set below 2280.
- Short position ideas: If the price fails to break through the 2340-2350 resistance and a pullback occurs, a small short position can be considered at high levels. Targets are 2300-2280, and the stop loss is set above 2350.
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