The market overall remains within a small range of oscillation during the day. In the morning, the market continued the overnight pullback from around the early-hours low near “kong tou,” falling to around 80,675, then rebounded in the afternoon to around 81,680. Currently, it is pulling back to around 81,000 and consolidating. On the daily timeframe, “kong tou” has narrowed with reduced volume, and it is currently bearish. On the four-hour timeframe, bearish momentum is increasing, showing two bearish candles engulfing one bullish candle. On the hourly timeframe, bearish momentum increases and is met with pressure from above, pulling back in a two-consecutive-bearish-candle pattern.



Thursday night:

The market is around 80800-80300; look towards 81800-82300 only.

The market is around 2325-2300; look towards 2365-2385 only.

Market volatility is relatively high—pay attention to risk control and defense. As long as you gain within the range, it is safe to close the position and secure profits.

#Gate广场五月交易分享 #CLARITY法案推进受阻 #BTC回调
ETH-2.45%
BTC-1.77%
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