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On the night of May 8, 2026, at 11:10 AM, the market plundered 108,485 heads, $341 million was looted, and the bulls still dominated!
For two consecutive days, the market mainly plundered the bulls, and the two biggest groups of people during these days are: one group is short sellers who were precisely stopped out at 81,500+; the other is those who chased longs at high levels above 81,500;
The market itself is never wrong; only our operations can be wrong!
Last night, the small long position in ETH was still held, and tonight it will be held again. Adding positions doesn’t need to be rushed; you can place orders according to yesterday’s setup. Tonight is the last trading day of the week, and whether to add positions in real-time depends on volatility. Don’t operate recklessly. Also, those chasing longs at high levels with all-in bets should reflect carefully. You’ve already lost countless times with such operations. Why do you keep doing this all-in chasing after rises and falls?
BTC
Support 78,425 / 75,475
Resistance tentatively at 85,168 / 87,548
Today’s first support level offers an opportunity; a first entry can be made!
ETH
Support 2,225
Resistance tentatively at 2,525 / 2,749
Today’s daytime pullback was quite in line with the past week’s explosive rally and forcing more longs. Now, it depends on whether you have the courage to go for a 1-2% move. There are two main strategies: one is that if a key level breaks and cannot recover, stop loss; the other is to reduce positions after a breakdown and wait for the next support level to recover it. Be patient and wait for the subsequent rebound! Adjust according to your risk tolerance!
Operation suggestions do not constitute any investment basis: always remember, you can never operate the highest or lowest points; when the market gives an opportunity, get in! Profits don’t come from a single operation but from your daily accumulation, from your gains offsetting losses, and ultimately steady asset growth!
#Gate广场五月交易分享 $BTC $ETH