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5.8 Awei Morning BTC/ETH Market Analysis and Trading Strategy
80k threshold, today is the market's critical dividing line!
This level is not only a psychological barrier but also the last core defense position for the bulls recently. As long as it holds, the bullish structure remains; once volume increases and breaks below and continues to operate below 80k, it indicates that the bulls are starting to lose strength.
At that point, market sentiment will instantly turn bearish, panic selling may be concentrated, and technical indicators will also weaken simultaneously, likely marking the official transition into a bearish trend.
So today, don’t blindly chase long positions; the overall approach remains to mainly buy the dip and sell the rally, waiting for the right level and rhythm before taking action.
Trading suggestions:
BTC: Place short positions near the 80,300-81,000 range, target 79,200-78,500
ETH: Place short positions near the 2,310-2,330 range, target 2,280-2,250.
In one sentence:
The current market looks calm, but there are hidden currents beneath the surface. The real opportunity is not found by reckless chasing, but by waiting for key levels to be reached and then confidently taking positions.