《May 4 Market Outlook Analysis: Successfully Predicted the Reversal—Where Is Bitcoin's Peak Potential?》

Before Labor Day, the analysis we made with everyone basically came true. After May 3, the reversal happened, and the direction moved upward. Both the posts and live streams repeatedly reminded everyone about the analysis. Last night, I also reminded the community that going long at 78,500 was like boarding first and buying tickets after. Since the market has matched our scenario, let’s see just how high this move can go so we can take profit at the right time!
‍$BTC First, the pressure on Bitcoin (the big coin) is around 81,200. Once the hourly chart closes and holds above this level, we need to watch the next major resistance on the daily chart at 83,300. If Bitcoin’s daily chart brings two more days of consecutive bullish candles, I believe the 8.3 target is not far away. Support below is at 79,200. During the day, as long as this area is not decisively broken on a real dip, there’s still a possibility to move higher. Further support down the line is at 78,500.
‍$SOL For Solana, support is between 84.7 and 84.4, while resistance is at 86 and 87.3. Solana’s four-hour trendline has not been broken yet, so the long setup’s cost-effectiveness should be worse than Ethereum.
‍$ETH Ethereum’s support is at 2,340. During the day, as long as price does not decisively break below this level, it can continue moving upward. Resistance above is at 2,430 and 2,495. Pay attention to the fact that Ethereum has already broken above the four-hour downtrend line—keep an eye out for the possibility of a catch-up rally.
Overall, the market we analyzed before Labor Day has basically played out. Since we already have long positions, our current main objective is to observe whether the key support levels will break. If they break, consider taking profits. If they don’t break, continue holding until taking profit at the resistance levels. This is the mindset and approach you should have when trading trend-following positions.#WCTC交易王PK