May 8, 2026 Daytime Market Analysis



4-hour oscillation with a bearish trend, expecting consolidation; in the middle of the month, veteran visitors to China will discuss some cooperation, opening up some straits, trade, and tariffs, which could bring some positive signals; the newly appointed Vosh may also bring favorable monetary policy signals... On a larger scale, the recent closing can hold above the 3-day white line support, and next week there may be another rebound with a bullish divergence trend.
That day: On a larger scale, switching lines at high levels, 4-hour oscillation cycle, current price defends a spike and then pushes higher; in the European session afternoon, it’s still oscillating here, so gradually add long positions.

Resistance levels: 81,800, 82,500, 2,350, 2,450
Support levels: 78,500, 77,500, 2,250, 2,200

Ethereum that day: Current price defends a spike, gradually accumulating long positions; aggressive traders can look for 3-minute signals to enter, otherwise wait for orders or manually place buy orders at 2266, 2250 with divergence, stop loss at 2230, take profit at 2340, 2360, 2400.

Bitcoin that day: 4-hour golden cross on multiple moving averages, long positions in the 78,800, 79,000, and 78,500 zones, stop loss at 78,000, take profit at 81,500, 81,800, 82,200.

Support the continued bullish outlook on Saturday and Sunday as long as it stays above the 3-day line.

Based on live analysis and technicals, control position sizing and management, for reference only. #比特币 #以太坊
ETH0.98%
BTC0.08%
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