5.11 Evening Analysis $BTC $ETH

Today, Bitcoin remained strong and stabilized above the 80,000 support level, successfully breaking through and settling above the 81,000 integer level. Ethereum moved in sync, quickly rebounding from 2310 to around 2330. Mainstream cryptocurrencies collectively gained strength, and the short-term bullish pattern was thoroughly reinforced.

The slight pullback after the morning surge was just a normal shakeout correction. The support zone between 80,500 and 80,800 fully completed a second buildup, with continuous inflow of buy orders outside the market providing strong support. The daily chart still shows a sideways upward oscillation, maintaining a bullish structure, and the overall bullish trend remains unchanged.

On the hourly MACD, a golden cross is brewing near the zero line, with the bearish green bars continuing to shrink, indicating that bullish momentum is gradually warming up. The RSI remains above the midline without entering overbought territory, leaving ample room for further upward movement. Ethereum’s synchronized strength is creating resonance, driving the market sentiment, which continues to heat up.

Trading Suggestions
Buy in batches around 80,200-80,800 for Bitcoin, targeting 82,000-83,000.

Buy in batches around 2,310-2,320 for Ethereum, targeting 2,360-2,400.