Bitcoin–Ethereum breaks through key dense consolidation zones; the bottom holds support and reverses at 8w—will altcoins still keep washing in the short term?

For Ethereum liquidation, shorts have accumulated 1 billion, while longs have accumulated 3.7 billion in the range. The current situation absolutely does not require chasing the rally. As for the earlier script, there’s also no need to think about a bull comeback. The weekly chart’s short-term trend formation is the key!

The Federal Reserve hasn’t eased liquidity yet, but the inflation rate still isn’t coming down. Crude oil is still staying high. The U.S.–Iran situation is causing a huge commotion. When you zoom back to Nasdaq, it still can keep setting new highs. The outlook script is completely a sign of abnormality.

On the Bitcoin side, although the small cycle has already realized a trend rebound extension by 8w, the market is still in a state of panic—covering in a seemingly lucky dip after rising. Structurally, as long as it can’t break through the overhead pressure of 83,500, a slight retracement—staying steady and then dipping a bit to 82,000—can still happen. Even if there’s volume at the bottom, a reversal is also possible. As for the “floor short,” just wake up and be good—when fighting against the trend, learn to protect yourself and survive!

According to signals from the larger cycle, even if there is some up-and-down path, don’t panic-sell or rush to “stampede.” In the short term, focus on the key range 82,000–83500 and watch whether it can effectively break upward. Once it breaks through and continues to move with volume, the 🔝 86,000 above is also a key turning point from the previous round’s range pullback—there is extremely strong resistance!

Overall, this round of market doesn’t look good for fully opening up the reversal space from the prior selloff. May’s stage high will very likely be formed and topped directly in this wave of action. Next, Ethereum is extremely critical. In the short term, the rebound is like the 2400–2460 major resistance zone discussed in last night’s live broadcast. Looking back, when Bitcoin surged to 8w, Ethereum still didn’t move at all. The small uptick volume is still not strong. This week, we’ll just see whether Ethereum’s core can break down or break out!

As for Bitcoin, before the market opens, the plan is to scale in around the 80300 area in batches. Target the move up toward 81300–82000. For the retracement, if it can be tagged at 82500–83000, then consider going short again.

Ethereum is synchronized with scaling in at 2330–2350. On the daily chart, watch the rebound target of 2400–2460. If price reaches the 2520 area, then consider switching to a short position. I still have the bottom position from last night in hand—keep your protection in place, and wait patiently!

That’s it for now. Wishing everyone all the best...#美国寻求战略比特币储备 $BTC $ETH