During the May Day holiday, the overall market liquidity was relatively weak, and Bitcoin's price fluctuations narrowed overall. This morning, the price briefly pierced the 79,100 level with a spike, but lacked follow-through momentum, quickly falling back and consolidating around the 78,000 range. In early trading, the live trading account led students to set up short-term positions in Bitcoin and Ethereum, both of which fully took profits and closed positions. The current market still maintains a bullish volume expansion pattern; the short-term pullback is just consolidating the bottom support, preparing for a subsequent rally. The previous clear trend logic has been established: the market stabilizing above 80,000 is the general trend. Although it has been repeatedly tested and failed to break through, the medium-term direction remains unchanged; just stay calm and patiently wait for a breakout.

From the overall structure, the 4-hour timeframe has entered a high-level consolidation zone, with the upward pace slowing down periodically. While it has not yet broken out with strong momentum, the overall pattern is still in a buildup phase. Currently, the price has touched the upper band with a double-needle top pattern, indicating a short-term need for a pullback and correction. The main trend still maintains a bullish pattern; switching to the hourly level, the pullback target points directly to the key support level from the previous rally. As long as the support below remains effective and the bearish selling pressure is contained, a new round of rebound and upward movement is expected to begin.

Early Monday morning, Bitcoin: go long near 78,000, target 80,000

Early Monday morning, Ethereum: go long near 2,300, target 2,400

$BTC #美国寻求战略比特币储备