May 12


The daily chart bullish structure remains intact, institutional buying continues to support, yesterday's pullback was quickly recovered, and there is strong support below.
Short-term oscillation is just a buildup before the rise, as long as Bitcoin does not break 80,500, any pullback is a buying opportunity, and breaking 82,500 will directly open a new upward space;
Although Ethereum is temporarily lagging behind, it has tested the 2300 level multiple times without breaking, and selling pressure has been fully released.
As long as Bitcoin does not experience a significant pullback, a catch-up rally will inevitably occur.
Focus on the breakthrough of the 2400 level.

Trading Suggestions
• Buy on dips: Buy Bitcoin in batches at 80,500-81,000, buy Ethereum in batches at 2300-2320, with stop-losses at 79,500 for Bitcoin and 2250 for Ethereum.
Target Bitcoin at 82,500-85,000, Ethereum at 2390-2450.

• Chase after breakout: When Bitcoin volume stabilizes above 82,500, go long directly, targeting 85,000-87,000, with a stop-loss at 82,000;
When Ethereum volume stabilizes above 2400, go long directly, targeting 2500-2550, with a stop-loss at 2360.
BTC0.56%
ETH-0.94%
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