In the evening data release, the number of initial jobless claims in the United States for the week ending May 2nd was 200k, below the market expectation of 205k, indicating that the current employment market remains relatively strong and further suppressing market expectations for a short-term rate cut. After the data was announced, the dollar strengthened in the short term, and risk market sentiment was somewhat suppressed. Bitcoin and Ethereum also experienced noticeable tug-of-war at high levels.



From the current market situation, although Bitcoin remains volatile at high levels in the short term, after consecutive rises, upward selling pressure has begun to strengthen significantly. Tonight, focus on the pullback after the surge.

For Bitcoin tonight, watch the resistance around 81,800-82,200. If it fails to break through the rebound, it can still be divided into multiple short positions. The first support is at 80,500, and further support is near 80,000. If it drops below 80,000 with increased volume tonight, there may be further downside potential.
Short-term support is around 80,500-80,000; initial contact could be a chance for a rebound.

For Ethereum tonight, focus on the resistance at 2,350. If it faces resistance, continue to short. The first support is at 2,260, and further support is near 2,210.
If it falls below 2,210 later in the night, bearish sentiment may further intensify.

Overall, the data is somewhat bearish for risk markets. In the short term, avoid blindly chasing longs at high levels, especially after continuous rises, as the market is more prone to a pullback after a shakeout driven by news.
$BTC $ETH
#Gate广场五月交易分享
BTC-1.68%
ETH-2.38%
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趋势阿特
· 6h ago
Gendan🐧
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