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Review of the afternoon market: Bitcoin (Big Pie) still continues the morning trend, oscillating around the high of 81,300 and declining, approaching the evening low of around 80,450 before rebounding. Currently, the coin price hovers around 80,600. Ethereum maintains the same pattern as Bitcoin, oscillating near the high of 2,310 in the afternoon and declining, also approaching the evening low of around 2,276. Currently, Ethereum is fluctuating around 2,285. We were bullish in the morning, but after consolidating at high levels in the morning, the market clearly showed signs of pressure. In our live trading, we decisively arranged for students to short Bitcoin and Ethereum, taking profits on all short-term positions. In the afternoon, we stayed on the sidelines without making any moves. When the price retraced to our long entry points in the evening, we still arranged for students to enter with light long positions. Currently, both Bitcoin and Ethereum are in profit and being held.
The overall market is currently operating within a small-cycle range, oscillating and tugging, with bulls and bears fighting each other, neither side able to break out with a clear direction. This rebound is mainly a technical correction, and the subsequent trend is likely to continue in a consolidating and oscillating manner. Recently, the market has repeatedly gone through a cycle of "rebound, decline, stabilization, and rebound," with short-term rises and falls lacking continuity. The market is still in a bottoming and accumulation phase. Operationally, it is not recommended to blindly chase shorts. The current range-bound oscillation essentially represents bulls digesting and preparing for the next move. The medium-term upward logic remains unchanged, and there is still upward momentum. Pay close attention to key resistance levels above; if volume breaks through and stabilizes, it will further open up new upside space. Conversely, if it fails to break through effectively, the market will return to a range-bound consolidation. The overall trading strategy is to buy on dips and wait patiently for structural opportunities.
Tuesday night strategy BTC: Buy in the 80,200-80,700 range, target 83,000
Tuesday night strategy ETH: Buy in the 2,270-2,280 range, target 2,370
$BTC #特朗普5月13日访华