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5.12 Tuesday, Zhongling Afternoon: BTC/ETH “Silk Road” — the downtrend has eased; quietly waiting for a rebound
In the morning, the market moved out from a test of the bottom and rebounded. Bitcoin dipped to 80661, while ETH touched 2292, and support at the lows showed reactions. However, in the afternoon, bullish momentum has not been clearly released; the overall price action is more inclined to trade sideways and consolidate in the low range.
In the early session, the price fell back from above 81500, quickly dropping to around 80661, and short-term bearish pressure was released in a concentrated burst. After the low formed, it stabilized quickly and did not break down further. Prices then rebounded back above 81000, indicating that support in the 80600-80800 zone is strong and that bearish momentum has temporarily run out. In the afternoon, prices largely traded sideways around 81200. This is not a weak rebound; rather, it is a benign consolidation and buildup after the decline. Overall, buy-side support below is clear, and in the short term there is an opportunity for the price to rebound with oscillation based on this area.
Trading suggestions:
Buy BTC in the 80300-80800 range, with a day trading target of 83000!
Buy ETH in the 2270-2290 range, with a day trading target of 2400
$BTC $ETH $SOL #铭文浏览器Ordio关闭 #特朗普5月13日访华 #TROLL两日涨超160%