#Gate广场五月交易分享 All current rebounds are traps to lure in traders; the more chips follow the trend to buy the dip, the stronger the subsequent sell-off will be. There are no complex tricks in the current trading; only one direction matters: short on rebounds. Do not gamble on unknown bottoms or use limited capital to fight for tiny rebound spaces. Following the main trend is the most stable and highest-probability strategy at this stage.

After Bitcoin's 4-hour high-level top formation, the correction continues throughout. The current price hovers around 79,700 with weak volatility, and intraday rebounds have consistently failed to break through the strong resistance at 80,500. The Bollinger Bands are turning downward, and the price remains under pressure below the middle band; the upward channel has been completely reversed. The MACD remains bearish with a death cross at high levels, and the green bars show no signs of weakening, indicating ongoing bearish momentum; the KDJ shows only slight weak recovery from oversold levels, just a routine rebound indicator after overselling, with no bottom reversal signals. The highs of candlesticks keep moving lower, with volume increasing on declines and decreasing on rebounds—typical of a downtrend continuation pattern. The current slight sideways consolidation is just the main force wearing out the bears’ patience and attracting retail traders to buy the dip. Once the correction ends, a second decline can start at any time. The overall approach remains to follow the trend; rebounds are opportunities to short at high points. Key resistance levels must be broken to turn bullish; do not blindly guess bottoms or chase longs against the trend. Strictly set stop-losses and wait quietly for bears’ profits to realize.
Since the retreat from the 82,828 high point, this upward move has already ended in phases. There is no strong force pushing for a rebound; every small upward attempt is met with heavy selling pressure and a pullback. Funds continue to flow out, and market bullish sentiment is extremely low; bears have completely taken control of the market rhythm. On the indicator level, the entire cycle shows a bearish resonance, with no signs of bullish reversal signals.
The current market has few extra variables; the overall bearish pattern is very clear. The 80,800 level is the critical dividing line between bulls and bears. As long as this level cannot be effectively broken with volume and stabilized, all rebounds are just weak corrections within a downtrend. If support at 79,100 is broken, the downside space will open directly. Trading should always prioritize following the main trend; when the trend is downward, do not blindly buy against it. Wait for pressure levels to give comfortable shorting points, with small stops and a focus on risk-reward. If you don’t understand the sideways movement, stay in cash and observe; if the trend is clear, act decisively. Control your position size strictly, refuse to hold against the trend, and in a certain market, steadily accumulate profits.
Bitcoin: Short around 80,300 Target: 78,500
Ethereum: Short around 2,320 Target: 2,200