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Reviewing the intraday market, Bitcoin's white session has been oscillating within a narrow range of about 500 points from the low of 80,533. Until the evening, it touched a low of 80,600 and rebounded, with the highest point reaching 81,475. Yesterday, our bullish outlook was precisely executed; although the white session's price fluctuations were small, all our long positions during the day were fully taken profit on the short-term trades in the evening, and the position remains profitable for the swing. I believe friends who followed along have gained good returns.
Currently, the overall market is in a strong pattern of continuous upward pushes and repeated tests, with the trend about to enter a heated acceleration phase. The daily chart shows a three consecutive bullish candles structure, with the price center steadily moving upward, continuously recovering the previous waterfall decline, forming a strong recovery trend. The Bollinger Bands' three bands are opening upward in sync, with bullish volume steadily releasing, and market sentiment is entirely dominated by bulls. As the upward momentum and continuation of gains strengthen, combined with previous pullbacks and multiple resistance points, the support below has been solidified. The momentum to break through the previous high next week has already been fully accumulated; subsequent market stretching will be unstoppable, and the bullish pattern will continue to strengthen.
Personal advice for Bitcoin: buy long in the range of 80,600-81,000, target focus on 82,000.
Personal advice for Ethereum: buy long in the range of 2,300-2,320, target focus on 2,380.
$BTC #Gate广场五月交易分享