The intraday market has once again completed its move, and it can be said that it was a day of total victory. After outlining a bullish approach in the morning, “Big Biscuit” continued to consolidate and move upward intraday. Although the timing was relatively slow, the evening saw a strong volume expansion. Big Biscuit once again refreshed the previous upper high, and Ethereum moved in sync. Even the orders were also all available to enter long from any position that was publicly disclosed in advance. I believe that everyone who followed my ideas can gain a lot. In the evening, Big Biscuit faced renewed pressure and moved downward again, precisely matching that the high level could not be sustained; it then probed lower with a dip. This wave once again accurately locked in profits, with Big Biscuit going long twice and short once intraday, taking nearly 3,000 points of space in total. Ethereum, in total, captured about 100 points of space.

From the current chart perspective, Big Biscuit’s four-hour structure shows a stair-step upward trend, and then a single large bullish candle directly broke through the upper band. There was a slight pullback afterward, but it still did not form a reversal trend; instead, the chart has only received a normal correction. Moreover, the three lines of the Bollinger Bands are all opening upward. As long as the pullback does not break the middle band, it is still a second round of buildup for the bulls. On the hourly chart, under pressure from the high level, the price retraced back to the middle band. The momentum behind the pullback gradually began to dissipate, and the chart has entered another correction phase. Overall, however, it is still in a bullish continuation period. In terms of execution, it is still to buy on pullbacks and look for pullback opportunities at high levels.

Big Biscuit can be long around 81000-80500 in the early morning, with a target near 83000. Ethereum can be long around 2320-2300, with a target near 2420. #Gate广场五月交易分享 #比特币站稳8万关口