Reviewing the intraday market again, Bitcoin surged early in the morning then pulled back, remaining in a narrow range during the day. In the evening, with the US stock market opening, the price dropped back to the 80,300 low point. Soon after, the bulls launched an attack, pushing up to the 81,800 high. Ethereum's price moved in sync, retreating to the 2,300 low point and stopping, then rebounding again to the 2,340 high. The intraday pullback strategy was perfectly and precisely executed; every dip was an opportunity for us to seize the moment. The daily layout of two long positions and one short on Bitcoin totaled 3,000 points, perfectly capturing the trend rhythm. Ethereum's two longs totaled 80 points of space. As long as friends follow Brother Gen's strategy, everyone has benefited.



Currently, on the four-hour chart, Bitcoin's three consecutive bullish candles are gradually raising the price, which still remains within the upward channel. After a short-term surge, a correction phase has formed, but the overall trend has not shown signs of weakening. On the hourly chart, continuous upper and lower shadows indicate that after this surge, profit-taking and closing out positions occurred. Below, more accumulation is needed to generate energy for the next move. Therefore, the bullish outlook remains unchanged.

Bitcoin can be bought at 81,000-80,500 during midnight, with a target near 82,500. Ethereum can be bought at 2,300-2,270, with a target near 2,400. #Gate广场五月交易分享
BTC-0.06%
ETH-1.62%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin