Intraday market sentiment still settles back into range-bound trading. In the morning, the price comparison pushed up to a high around 82,400, but after meeting pressure it moved downward. By midday, it retraced to around the 80,400 low area, where selling eased; currently, it’s still playing out as a modest rebound correction. In sync with this, Ethereum in the morning surged to around the 2,380 high area, then met resistance and headed lower, retracing to around the 2,318 low area where it stopped. Lately, it’s hard not to “take off” in a market like this—so long as you keep to the right rhythm on the way, and nail the timing for each entry, changing your position is also very simple.

From the current market structure: after Bitcoin’s four-hour chart saw a continuous run of green candles and an upward rise, it was followed by a large bearish candle that quickly pulled back. Once the market stabilized and the Bollinger Bands middle line underwent a technical correction, the price action briefly entered a wide-range consolidation structure. Below, the whole-number level has already become the hardest defense line at present. Every time price touches it, it’s met and stops there, quickly providing a rebound signal. This shows that the bulls still hold dominance in the market’s momentum field. On the hourly chart, doji candles are occurring frequently; in the short term, no strong one-way breakout signal has appeared. The box structure has not been broken, so the strategy remains mainly the same: low long and high short.

Evening plan: long Bitcoin at 80,700–80,200, targeting around 82,000. Ethereum: go long 2,310–2,280, targeting around 2,400. #Gate广场五月交易分享