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5.10 Evening
Thought Process Analysis:
Big Cake has already surged above 81,300 in the evening. The short-term high has touched around 81,448, which shows that the low-buy idea from the daytime has been fulfilled. The current price is close to the 81,500 resistance level, and short-term longs are relatively strong; however, after a continuous rally, it is not advisable to chase the price blindly. Tonight, focus on a pullback to the 80,300-80,800 support zone. As long as it does not break downward, the bulls still have a chance to continue probing upward toward the 82,000-83,000 area.
Auntie overall follows Big Cake and is running relatively strongly. The short-term structure is also a consolidating-and-rising pattern. As long as the support around 2,300 holds, there is still a chance to continue pushing toward 2,400-2,450. In terms of the overall approach, tonight remains mainly about buying on pullbacks at lows.
Trading Suggestions:
Big Cake: Buy on dips around 80,300-80,800; targets 82,000 and 83,000.
Auntie: Buy on dips around 2,270-2,300; targets 2,340 and 2,450. #BTC重返8万 $BTC $ETH