5.11 Bitcoin and Altcoin Strategy

The bullish long positions given overnight at the current price have all precisely reached the target zones! The bulls launched as expected in the morning, the market continues to push higher, and friends who keep up with the rhythm are steadily profiting. Trading relies on flexibility; avoid stubbornly holding on.

From a technical perspective, the 4-hour chart broke below the previous upward channel, with a large bearish candle quickly giving back the gains; the hourly Bollinger Bands are flattening and opening, combined with the key support at 80,000 repeatedly tested without breaking, indicating limited short-term downside space, and a clear bottoming signal here. The subsequent strategy mainly involves buying on dips:

Bitcoin: Buy in the 80,200-80,700 range, target 82,000;
Ethereum: Buy in the 2,300-2,320 range, target 2,400.