Crypto Community ---- Analysis for May 8, 2026

4-hour oscillating bearish trend indicates consolidation; mid-month, veteran officials will discuss cooperation during the visit to China—some Strait openness, trade, and tariffs may bring positive signals. The newly appointed Vosh may also bring favorable monetary policy signals... On a larger scale, the recent closing can stay above the 3-day white line support, and next week, there could be another rebound with a bullish divergence pattern.
That day: Large-scale switch to high levels, 4-hour oscillation cycle, currently the price is holding a pin bar and pushing upward; 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: The current price is defending a pin bar, gradually accumulating long positions; aggressive traders can look for 3-minute signals to enter, otherwise wait for order entries or manually buy on dips at 2266, 2250 with divergence, stop loss at 2230, take profit at 2340, 2360, 2400.
Bitcoin that day: 4-hour golden cross, long positions around 78,800, 79,000, and 78,500; stop loss at 78,000; take profit at 81,500, 81,800, 82,200.
Support on Saturday and Sunday can continue to look for bullish opportunities if it stays above the 3-day line, combining live analysis and technicals, with proper position management. For reference only.