Friday has always been a risky period for market reversals. The recent escalation of the US-Iran geopolitical conflict has once again intensified, directly damaging market sentiment.



Bitcoin faces pressure and quickly falls back, sharply breaking below the 80,000 level, with the daily chart forming two consecutive down days. 82,800 has become a short-term top. Although the overall trend has not been completely damaged, the bullish momentum has already been exhausted, and the market shows clear weakness.

The key focus moving forward is to watch the 78,000 core support. Losing this level will trigger a deep correction, while holding it offers hope for a rebound.

In terms of trading strategy, stick to the idea of shorting on rebounds: for BTC, short at 80,000-80,500 during rebounds, targeting 78,000.
For ETH, short on rallies between 2,300-2,330, with support at 2,220 below.

In turbulent markets, do not blindly bottom-fish. Strictly control position sizes, set proper stop-losses, and patiently wait for a clear direction. #比特币跌破8万美元 #稳定币储备下降 #ArthurHayes看好山寨币 #Gate广场五月交易分享
BTC-1.69%
ETH-2.13%
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