Greed causes people to stubbornly hold on during waterfalls, fear causes people to get off before a surge. True cultivation is understanding the fluctuations while still respecting the volatility. Last night, bulls and bears alternated in a game of chess, with the price stabilizing at the 80,400 level low point, then tightening again to the 82,000 high point in the early morning. Currently, the lowest retracement is at the 80,600 level. Ethereum's trend is relatively weak, with the highest retracement to the 2,344 level before facing resistance simultaneously. It has now retraced to the 2,292 level, and after last night's successful bull run with over a thousand points gained, early this morning, a long position was again set near 80,800. Ethereum entered at 2,300, and both have already gained a few hundred points, so holding can continue with an upward outlook.

Currently, on the four-hour chart, continuous bullish candles are testing the top, and the white session alternates, repeatedly brewing strong support below. The overall trend remains within an upward channel. On the hourly chart, consecutive bearish candles are lined up downward, with the candlestick pattern showing longer lower shadows. The expectation of a pullback is gradually decreasing. During the day, it’s still advisable to follow the retracement strategy, and in the short term, treat it as a range-bound market; a breakout would indicate continuation.

At noon, Bitcoin can be bought in the 81,000-80,500 range, targeting around 83,000. Ethereum can be bought in the 2,300-2,270 range, targeting around 2,400. #Gate广场五月交易分享