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#Gate广场五月交易分享 A new week, a new beginning, good morning everyone~
From the daily chart of the overall market trend, the upward trend structure is still intact, and the overall health remains good, so in the short term, I still hold a bullish view, and the strategy of buying on dips during pullbacks remains unchanged. In the short term, support is around 80k, and from the weekly chart of the overall market trend, the upward trend is still ongoing, so this week, focus on around 87,000 above.
Just now, the latest news shows that Trump will visit China from the 13th to the 15th of this month, and Wost will take office on the 15th this week. Especially Wosh's proposal last week to abolish the dot matrix chart, so the market is mostly waiting, mainly waiting for the reform plan that Wosh is preparing to implement after taking office. As for the progress and effectiveness, further observation is needed. Besides, this week, attention should still be paid to US-Iran developments, as well as other data releases such as the US CPI data. It can be seen that there are quite a few news events this week, especially whether the US-Iran situation will change remains a recurring topic. Watch and see how it unfolds.
Therefore, today, BTC will generally fluctuate between 80,000 and 83,000 in the short term, ETH is still in a cyclical oscillation, so the short-term fluctuation range is around 2,300-2,400, waiting for Ethereum to have a follow-up rally, while SOL has already had a rally, performing quite well overall. The short-term fluctuation range is 94-100.
Today’s contract strategy:
BTC: Buy on dips around 80,000, take profit at 82,500
ETH: Buy on dips around 2,300, take profit at 2,400
SOL: Buy on dips around 94, take partial profits at 98 and 100
Warm tips:
1. Stop-loss suggestions should be set according to your actual liquidation price and your ability to bear losses.
2. Don’t be greedy; lock in profits and avoid holding onto losing positions. It’s better to take small losses than to fight against the trend. If the direction is correct, continue holding.
$ETH $BTC $SOL