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May 4 midday BTC/ETH market analysis
Currently, both BTC and ETH are in a high-position acceleration stage. Although the trend is temporarily upward, the short-term deviation rate is relatively large, and there is a need for a technical correction. There are some uncertainties in the midday market. In most cases, high-level consolidation or a pullback to confirm is likely to occur. In terms of trading, it is recommended to focus primarily on preventing the risk of a pullback, but be aware of the possibility that bullish momentum may push prices higher.
Trading suggestions:
BTC near 80700-81200, consider buying, target to return to around 79200-78300
ETH near 2400-2420, consider buying, target to return to around 2350-2310
$BTC $ETH #Gate广场五月交易分享