Intraday market movements are about to complete again. This morning, influenced by the opening of the futures market, there was a fierce battle between bulls and bears, but overall the market still hasn't provided a clear direction. The market continues to fluctuate within a wide range around 81.5k. The trend during the US session remains a continuation of the intraday trend. Reviewing recent ideas and live trading, the short-term bullish outlook mentioned early this morning was perfectly fulfilled. The live broadcast in the evening suggested a long position on Bitcoin at the current price, which also took profit again precisely over a thousand points. The intraday profit on Bitcoin has exceeded 3,000 points. The strategy and ideas have always been shared in advance, but many friends still haven't grasped such opportunities well. What I want to say is that while the strategy is important, market feel, rhythm, and flexible adjustments are equally crucial. This is the difference between reference strategies and real trading. If such market conditions can't be steadily compounded and accumulated recently, it's better to follow the rhythm. Choosing is always more important than effort.


Looking at Bitcoin on the four-hour chart, the price has dropped with a large bearish candle, engulfing the previous upward space, and is once again testing support near the middle band. Afterwards, the price moved out with four consecutive bullish candles, slowly recovering. The overall trend structure remains bullish. The four-hour lows and highs are gradually moving higher, and a gradual oscillating upward structure is emerging. The outlook remains bullish.
In the short-term hourly chart, after breaking above the middle band, the price continues to rise slowly with consecutive bullish candles. MACD has shifted from negative to positive, and the KDJ indicator is accelerating upward and diverging. The short-term trend is also bullish. The current short-term outlook is for continued upward movement, with short-term pullbacks suitable for adding long positions. Additionally, pay close attention to the CPI data release tonight.
Bitcoin is long around 81,000, watch for 82,000.
Ethereum is long around 2,320, watch for 2,370.
#Gate广场五月交易分享
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