"May 5 Market Analysis: The Short-Term Path is Twisted, but the Daily Trend is Bright"

Yesterday's market was a rollercoaster, soaring then plunging again. The difficulty of short-term trading is at its maximum, although the price moved sharply up and down, it did not change the direction of the daily trend. Breakout is just around the corner, and a new round of daily upward movement is within reach.

$BTC $BTC Watch when Bitcoin stays within this range today; once it breaks out, resistance is at 81,250, with support at 79,450 and 78,700. A pullback to 79,450 might still allow for another rebound.

$SOL $SOL Observe when the trendline here is broken; after the breakout, look for the levels at 85.5 and 86.2, with support at 83.4 and 82.9.

$ETH $ETH Ethereum's support levels are at 2,328 and 2,304. Watch for false breakouts at 2,410 above, and whether the 4-hour resistance at 2,435 will lead to a pullback.

The short-term market that moves sharply up and down is not very easy to trade, but the daily trend of Bitcoin has not changed because of the short-term fluctuations. Once the daily consecutive bullish candles form here, the outlook will be bright. Additionally, the 4-hour Vegas channel's golden cross is also on the agenda, so the short-term path is twisted, but the daily trend remains bright.