5.11 Morning Market Analysis: Forecasted Ideas Confirmed by Market Performance



On 5.11 early trading, Big Cake surged to around 82,460 in the early hours, but it repeatedly failed to continue adding volume to break through further, with clear short-term pressure at the high level. The morning analysis had already made it clear: if the rebound cannot hold above 82,800, the overall outlook remains bearish. The focus should be on the resistance zone of 82,400-82,800, with downside targets around 80,500 and 79,500.

The market quickly provided feedback afterward. Big Cake retreated from the highs all the way down, with a low near 80,470. The 80,500 target was basically achieved, leaving bearish room close to 2,000 points, and the morning short-bias outlook was successfully played out.

For Ether Queen, the same was true—clear pressure was evident in the 2,380-2,400 range. The early prompt indicated that the rebound should mainly be sold into, with targets at 2,320 and 2,280. Ether Queen then fell in sync with Big Cake, hitting a low near 2,318 and accurately reaching the 2,320 target.

Overall, the morning’s market rhythm today was extremely clear: the price pushed higher without breaking, resistance was confirmed, and then it quickly pulled back. Both Big Cake and Ether Queen moved around the pressure levels and target levels given in the morning, showing that this move was not a temporary chase-short, but a judgment made in advance based on structure, resistance, and momentum changes.

Summary:
5.11 in the morning, the early-session idea was clearly bearish, and the market responded quickly. Big Cake delivered nearly 2,000 points of downside space, and Ether Queen precisely tested near 2,320. The direction was clear, the pace steady, and the thinking—going from prediction to confirmation—completed a very impressive validation.#比特币波动 $BTC $ETH
BTC0.64%
ETH-1.03%
View Original
post-image
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin