From the market chart, after a sharp decline, the price was able to quickly stabilize above 81,000, indicating strong support below. This is a typical "squat and jump" pattern, with the bearish momentum temporarily exhausted, and the market is gathering strength, waiting for a new breakout direction.


On May 7th, you can consider entering long positions around 80,700 for Bitcoin, targeting 82,800-83,500.
Ethereum can be bought around 2,320, with a target of 2,420-2,460.
ETH-3.22%
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GateUser-37e4c0d6
· 2h ago
Is there still a chance to recover from the 44 level today? Will it drop down to 2300? 🤣 Set a stop loss at 2300
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