Today’s market continued the oscillating upward trend from the weekend, with prices climbing steadily. Bitcoin surged from the low of $80,225 to around $82,400, achieving a gain of over 2,000 points.



From a technical perspective, Bitcoin’s trend is relatively strong, clearly showing room for a breakout. In comparison, Ethereum’s volatility is smaller, and it has not formed an effective breakout above, showing overall weakness. Caution is needed here, as Bitcoin’s rise may trigger a second wave of outperformance for Ethereum. On the daily chart, Ethereum is still consolidating, with the oscillation cycle and correction structure well developed, so continuing to look for bullish opportunities remains the main strategy. After a short-term bottoming and rebound, prices have maintained high-level oscillations, almost as if “everything is in place, just waiting for the wind.” Early in the week, the focus remains on buying on dips, waiting for a breakout to then plan subsequent moves based on continuation.
Buy in the range of 81,500–82,000 for Bitcoin, with a daily target of 84,000.
Buy in the range of 2,350–2,360 for Ether, with a daily target of 2,480.
#Gate广场五月交易分享 $BTC $ETH $SOL
BTC-0.14%
ETH0.01%
SOL1.41%
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BothFavorableWindsAndSmooth
· 26m ago
Ethereum is trapped.
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