The market still maintains a wide-range oscillation and tug-of-war trend, with Bitcoin's overall volatility in the past two days being limited, constantly fluctuating around the 80,500 to 82,000 range, with a clear overall trend rhythm and predictable patterns. After a sharp rise, the market experienced a slight pullback, with the lowest dip around 80,700, currently hovering around the 81,000 level. This bottoming needle-like movement further solidifies the support at the bottom, making the testing of the lower range more precise. Our yesterday's deployment of long positions at 80,600 was accurately entered, once again achieving a great victory, with a unilateral profit of over 1,200 points. As clearly emphasized in yesterday's live analysis and articles, 80,500 below is a strong diamond support level. Given the current market structure, a rebound trend is inevitable. It’s a familiar topic—within this oscillating consolidation, precisely grasping entry points and timing is especially crucial. By staying in sync with the rhythm, you can steadily capture more profits!

From the overall market structure, the 4-hour chart has always been operating within the upper band of the Bollinger Bands, repeatedly testing the middle band with needle-like probes. This pattern fully indicates that the bearish momentum has been continuously weakening, and the bullish rebound is gathering strength. Combined with recent volume structure, the frequent long needle probes by the bears suggest that the probability of a downward break is very low. The hourly chart has also entered a range-bound consolidation, with indicators already forming a death cross. The market may need a short-term pullback, but blindly chasing short positions here is ill-advised. In terms of operations, there’s no need to look for short opportunities; maintaining a strategy of buying on dips is the best approach.

Tuesday afternoon strategy BTC: Buy long at 80,500-81,000, target 83,000

Tuesday afternoon strategy ETH: Buy long at 2,910-2,300, target 2,380

$BTC #Gate广场五月交易分享