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Today is May 4, 2026, and the market is at a critical juncture of "building momentum at high levels, fighting for 80k." Below is an in-depth review and outlook based on current data:
📊 Core Market Overview
BTC (Bitcoin): approximately $78,700, +0.42% over 24 hours, fluctuating narrowly between $78,000 and $79,500, multiple attempts to test the psychological barrier of $80,000 have failed.
ETH (Ethereum): approximately $2,330, +1.13% over 24 hours, holding above $2,300 support, slightly stronger than Bitcoin, ETH/BTC exchange rate has slightly rebounded.
Market Sentiment: Fear and Greed Index at 47 (Neutral), liquidations of short positions are twice that of long positions, indicating that bears are being gradually squeezed under high pressure.