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Intraday rhythm is precisely executed, with two waves of profitable trades capturing over 1300 points in profit today early morning + morning. Bitcoin was accurately hit twice at key head rhythm points, with both waves of profitable trades fully realized. The trades placed at critical resistance levels overnight successfully gained nearly 600 points. The morning continued with a sideways downward structure, once again entering near resistance levels and capturing over 700 points.
Rhythm is never delayed, entry points are never hesitant, only the most certain market conditions are acted upon. If you choose not to clarify the direction, why not hop on a free ride?
From the 1-hour cycle perspective, the current market has already formed a very clear sideways downward structure, with highs gradually declining, a bearish trend taking shape, key support repeatedly broken, bulls powerless to resist, and rebound strength limited, indicating a weak correction. Personally, I think there is a rebound follow-up trade.
Trading suggestions:
Bitcoin: Enter around 79,900, target down to 78,400
Ethereum: Enter around 2,305, target down to 2,255#Gate广场五月交易分享