Bitcoin daily K-line shows a sharp rise followed by a pullback, with a bottom near 79,100, which provides some opportunities to unwind short positions. However, once it breaks below the 80,000 threshold, it suggests the market can't go higher and has topped out. That's a bit too optimistic. Currently, there are no signs of a top yet. As I always say, guess the top on the left side and short, but control your position size and be mentally prepared for being caught. Don't chase the rally. If you want to go long, then when the price pulls back, go long where it dips!

If you want to go long on the downside, pay attention to the support levels at 79,000 and 78,000 tonight. Participate around these levels for long positions, with a stop loss below 77,000.
If you want to short at higher levels, try to probe the top around 83,000 and 84,000 on the left side. Be sure to trade with a small position size, use a tight stop loss, or be prepared to be caught in a position at high levels expecting a rebound.
For Ethereum, for lower long positions, focus on support at 2,260 and 2,220. Stop loss below 2,200.
If you want to participate in a high-level short, watch the upper levels at 2,420 and 2,500. Use these levels as reference points for entry. $BTC ‌$ETH ‌#Gate广场五月交易分享