May 12th, Tuesday, Zhongling BTC/ETH Silk Dew Continuous bullish trend reaching a peak, retracing for low buys


Bitcoin broke the weekend triangle range yesterday and formed a V-shaped reversal, with obvious bullish momentum. During the midnight session, it slightly moved upward, temporarily breaking the 82,000 level before facing resistance and pulling back, currently fluctuating around the 81,800 level in a narrow range.
From the current chart, on the four-hour structure, after a large bearish candle dropped to the midline and stabilized, it then formed a doji star K#Gate广场五月交易分享 for long positions, with an intraday target of 83,500!
For the ETH zone of 2310-2330, go long, with an intraday target of 2440.
$BTC $ETH $SOL
SOL-2.99%
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