5.5 Midday Analysis

The long positions arranged in the morning successfully reached the take-profit levels, and as the price retraced, continued to buy long. Follow the trend and do not be influenced by the overall market bearish sentiment.

The overnight market showed a strong trend of bottoming out, stabilizing, and then surging higher with sideways consolidation. Today’s overall trend is dominated by the bulls, with Bitcoin rising to a high of around 81,300, and Ethereum simultaneously surging to around 2,389. The overall market rhythm is clear: after a pullback to support and stabilization, it continues to oscillate upward. The wave of long positions perfectly follows the rhythm, with multiple short-term ambushes at low levels all safely taking profits, securing steady gains.

The current market operation pattern is very obvious: each surge is followed by a pullback to gather strength and shake out weak hands, then a retracement to buy long again. After multiple tests of support, the market stabilizes and forms a bottom, with short-term support gradually strengthening; the weekly large-scale bullish trend remains intact, maintaining a predominantly bullish overall mindset.

Trading Suggestions
Buy in batches within the 80,000-80,500 range, targeting around 82,000-83,000.