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5.11 Evening Bitcoin Strategy: On the eve of CPI, precise ambush, tonight must be a bullish night!
Conclusion: Stay firmly bullish tonight! The 80k level has been welded shut, tonight’s CPI data release is a signal for launch, miss this wave and you'll regret it!
Brothers, don’t be fooled by the daytime volatility! This is not the top, this is the main force shaking out and absorbing positions! The 80k level has been tested for three full days, the short sellers should have already exited, the trapped traders have been cut, now is the last dip before the rally!
The low point of 80,200 during the day has been confirmed, this is tonight’s solid bottom! The main force is secretly accumulating, trading volume has clearly increased, smart funds are positioning for tonight’s CPI move. The rate cut expectation is already maxed out, as long as the data is slightly below expectations, Bitcoin will shoot up with a big bullish candle, and the previous high of 82,800 is not a problem at all!
Evening Trading Suggestions
BTC:
• Buy at the current price of 80,800! Boldly add positions at 80,500!
• First target: 82,500, second target: 83,800!
• Support at 79,800, if broken I’ll go all-in on my live stream!
ETH:
• Buy at the current price of 2,330! Add positions at 2,310!
• First target: 2,400, second target: 2,480!
• Support at 2,280, if broken I’ll close my position immediately!
Remember, set stop-loss on contracts, keep position size within 30%, and boldly add to winning positions! #Gate广场五月交易分享 $BTC $ETH