May 3rd BTC/ETH Intraday Market Forecast and Analysis

1. BTC

Price started from a low of 75,107.6, forming a complete V-shaped reversal, then consolidated sideways in the 78,000-78,500 range, with volume gradually releasing as the rebound continued, indicating short-term bullish dominance.
In the intraday chart, the price has re-claimed the previous high platform, with moving averages showing a bullish alignment, and the short-term upward trend remains intact.
- Short-term support: 78,000, 77,700
- Core support: 77,500 (lower boundary of the oscillation center)
- Short-term resistance: 78,700 (intraday high), 79,000
- Core resistance: 78,700-79,000 (previous high pressure zone)

Intraday Direction and Strategy:
- Main trend judgment: Slightly bullish in the short term, overall in a high-level oscillation after a rebound, with bullish momentum still continuing but facing the test of the previous high pressure zone.
- Long position idea: If the price pulls back and stabilizes around 78,000-77,800, consider a small long attempt, targeting 78,700-79,000, with a stop loss below 77,500.
- Short position idea: If the price fails to break through the 78,700-79,000 resistance and shows volume-backed decline, consider a small short at high levels, targeting 78,000-77,700, with a stop loss above 79,000.

2. ETH

Price rapidly rose from around 2,231, reaching an intraday high of 2,344 before pulling back, currently consolidating in the 2,300-2,310 range, near the upper boundary of the rebound center.
In the intraday chart, the price tested the 2,300 support multiple times without a significant breakdown, maintaining a short-term bullish trend, but facing pressure from previous highs.
- Short-term support: 2,300, 2,290
- Core support: 2,280 (lower boundary of the oscillation center)
- Short-term resistance: 2,320, 2,345 (intraday high)
- Core resistance: 2,340-2,350 (previous high pressure zone)

Intraday Direction and Strategy:
- Main trend judgment: Slightly bullish in the short term, following BTC's rebound, currently in a high-level oscillation buildup, with bullish momentum slightly weaker than BTC but overall trend unchanged.
- Long position idea: If the price pulls back and stabilizes around 2,300-2,290, consider a small long attempt, targeting 2,320-2,345, with a stop loss below 2,280.
- Short position idea: If the price fails to break through the 2,340-2,350 resistance and shows a decline, consider a small short at high levels, targeting 2,300-2,280, with a stop loss above 2,350.