In the early session, Bitcoin (“big cake”) is still in a bullish, volume-increasing phase dominated by the bulls. The morning pullback around 80700 stopped falling and bounced to rebound; in terms of price comparison, the bulls’ volume surged and pushed the price higher. During the afternoon, the rally continued, topping out near 81700 before meeting resistance and coming under pressure. Ethereum is the same as before: it is still consolidating in the 2350-2380 range during the midday. There is still no catch-up rally, no meaningful breakout and failure to follow through to the upside—however, the bulls remain in control. As long as Bitcoin has not shown a clear top-forming structure, it’s still better to follow the trend and act accordingly.

From the current market view, it still shows a strong uptrend with higher-price attacks. The lows are also stepping up gradually to 78000-79500-80500. The current price-comparison trading range is gradually breaking through the upside channel of the larger cycle. At present, there has not been a certain pressure-and-correction adjustment; it is still holding at high levels. Of course, it is still consolidating within a triangle. In this round of strong bullish momentum and consolidation, there is still continuity from the bulls. For this round, the expectation is that the 83000 key level will face some pressure, leading to a larger-cycle correction. Meanwhile, since the rebound has returned to the prior upward-channel area, any BTC long positions there can consider taking profit and exiting, then start setting up short positions to catch the pullback. There is still some continuation from the current level—at this time, first follow the trend and look for upside.

Bitcoin can be bought around 81000, targeting around 82300. When the target is reached, consider entering a lead/primary short position to catch the pullback. Ethereum should continue to follow a short-term trading mindset, looking for consolidation in the 2350-2400 range; if it breaks out, then look for continuation. #Gate广场五月交易分享 $BTC ‌$ETH ‌