May 6 | BTCÐ Market Review Yesterday & Today's Trend Analysis

Overall Market Review Yesterday

Combining the one-hour level K-line structure and core technical indicators, the overall market yesterday continued the bullish momentum, with mainstream coins showing high-level oscillation and a slightly strong trend. Capital absorption remained stable, and there was no substantial loosening of the upward trend.

Bitcoin BTC

Yesterday, BTC continued its bullish upward structure, with the price center slightly rising in the high zone, reaching a peak of 81,745 during the session, showing a high-level oscillation and upward trend.
From the indicator structure: Bollinger Bands remained open upward, with the price steadily running along the upper band, the middle band support continuously rising, and the upward channel still intact; MACD bullish momentum slightly decreased in volume, but overall it still maintained strong operation above the zero line, with no obvious signs of weakening bullish energy; RSI and KDJ slightly retreated from high levels, without extreme overbought or top divergence, indicating a healthy upward pace.
The overall market did not show obvious selling pressure or deep retracement, with stable bullish capital absorption, reasonable volume-price structure, and the strong pattern not being broken.

Ethereum ETH

ETH moved in high correlation with Bitcoin throughout, with very strong synchronization.
After stabilizing at low levels, the price maintained a oscillating and slightly strong trend in the high zone, with the highest attempt near the 2400 level during the session, showing better volatility than BTC.
Bollinger Bands expanded upward in sync, with a complete bullish technical recovery; MACD maintained a bullish golden cross, with gentle increasing red bars, clear capital inflow, and continuous strengthening of market support, fully breaking free from the previous weak oscillation pattern and entering a phase of synchronized rebound.

Today's Market Deep Dive

BTC Core Logic

The long-term bullish trend remains intact. Currently, the market is in a benign high-level oscillation + digestion phase of floating profit, not a sign of topping or weakening.
A significant deep correction is unlikely in the short term; the market mainly consolidates, shifts hands, and prepares for a second surge after digesting short-term profit-taking.
Key short-term support is concentrated around 81,000, which is also the dividing line between bullish and bearish in the short term; as long as this level holds, the outlook remains for oscillating upward and breaking previous highs. The short-term resistance above is 81,745; breaking through this will open a new upward space, targeting the 82,500-83,000 range.

ETH Core Logic

ETH still mainly follows the overall market trend, moving in sync with BTC.
The coin itself has greater elasticity, with more active fluctuations during oscillations; short-term corrections are normal technical repairs, with no trend reversal logic.
Key support is concentrated around 2,350, with limited downside space; as long as Bitcoin's bullish rhythm remains unchanged, ETH still has ample room for a rebound, with resistance at 2,400. Breaking this target points toward 2,450, with the overall approach favoring a bullish bias.

Overall Trading Strategy Summary

The current market environment remains bullish, with the two main mainstream coins maintaining healthy technical structures and sufficient momentum.
In the latter half of the day, focus on the stability of key support levels; a rebound at support is a good opportunity for trend-following entries. Consider small short-term positions if high levels face resistance and stagnate.
Trend-following trading is the main theme now. Avoid blindly guessing tops or operating against the trend. Strictly control positions and implement good risk management.