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#Gate广场五月交易分享 The low-to-high strategy for Bitcoin given at 9 PM, as expected, moved upward, breaking through around 81,400, and the idea was perfectly realized again.
Regarding the overall market trend in the evening, after Bitcoin retested the key support area, buying strength quickly entered to support, and the price experienced a smooth rebound.
In the short term, the price not only stabilized above the moving average support but also successfully broke through the short-term resistance level of 81,000, reaching a high of around 81,475, with bullish momentum effectively released.
In terms of volume, during the rise, volume gradually increased, and during the pullback, it significantly decreased, indicating light selling pressure.
Market sentiment is gradually recovering from Friday’s weakness, and the bullish rhythm is reasserting control of the market.
Moving forward, the bullish outlook remains, relying on key support levels to position for low buys, with targets set higher.
Bitcoin: Long positions around 81,000-80,800, targeting near 8,230.
Ethereum: Long positions around 2,325-2,280, targeting near 2,390.