5.5 Midday Market Analysis

The early session maintains a bottoming out and rebound pattern, with a sideways structure at high levels. BTC reached a high of 80,770, ETH surged to 2,378. Yesterday's market rhythm was clear, with a rebound after a dip stabilizing and then oscillating upward. Precise long entries were made, and multiple short-term dips were all successfully closed for profit.

Market patterns are clear; after a surge, there is a habitual pullback to gather strength, so blindly chasing highs is not advisable. Currently, the market has tested lows multiple times and stabilized, gradually building a bottom in the short term; the weekly bullish structure remains intact, and the medium-term outlook still leans bullish, with potential for a second surge.

On the daily chart, short-term upward momentum is slowing down, and there is a need for correction at high levels. The market has entered a phase of oscillation and consolidation. In terms of trading, prioritize short positions on pullbacks from high levels, using light positions to short and play the rebound, waiting for support levels below to stabilize before going long and positioning accordingly.

Trading Reference

$BTC : Short positions in the 80,500-81,000 range, target 78,500

$ETH : Short positions in the 2,370-2,390 range, target 2,320-2,300
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