$ETH

The May Day holiday continues trading, market opportunities wait for no one
This morning, Bitcoin bottomed around 78,000, then quickly surged driven by bullish momentum, reaching a high of 80,590, an increase of over 3% at one point, but after the surge, it experienced a slight pullback, currently oscillating near the 80,000 level, with trading volume significantly increasing during the rally phase, showing a strong "bottom exploration - rally - high-level consolidation" pulse pattern.
The four-hour bearish trend has worsened, with the price above the midline at 78,386, and the highs and lows beginning to rise, so the strategy must shift from rebound shorting to testing long positions on dips. As long as it does not break below the midline, any pullback is an opportunity to buy in, with the long entry zone around 78,386-78,500, and stop-loss below 78,000. The first target on the upside is 81,500, and after breaking through, look for above 83,000. The only thing to be cautious of is the previous high at 80,590; if it cannot break through and falls back below the midline, that would be a false breakout, and the bullish approach should be temporarily abandoned.
Afternoon trading suggestions
Buy near 79,200 with a target of 80,700
Buy near 2,330 with a target of 2,390