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May 12 Tuesday Evening Analysis and Intraday Summary
The market always misses opportunities in hesitation, falls while conflicted, stabilizes in panic, and reverses in despair. You're still waiting for a perfect entry point, while the main players have already quietly placed long positions the moment you hesitated. By the time you react, all that's left is the regret of missing out.
Reviewing the overall intraday trend, it shows a pattern of rising first and then declining. In the early hours, Bitcoin rebounded above 82,000 but faced resistance and pulled back. Coupled with negative news, the decline accelerated, with the lowest around 80,360 before consolidating. Ethereum moved in sync with Bitcoin, falling from the high of 2,381 to the low of 2,267, currently consolidating near 2,270.
The current market indicates that, despite the intraday correction, the overall four-hour bullish structure has not been effectively broken. Considering the phased positive outlook brought by Trump's visit to China, we remain bullish for the future. However, it’s important to note that in the short term, the market is still in a phase of increased selling volume, and the downside risk has not been fully released. Therefore, future operations are recommended to focus on buying low.
Bitcoin is positioned around 80,000-79,500, with targets near 81,500-82,000.
Ethereum is positioned around 2,260, with targets near 2,330-2,350. #Gate广场五月交易分享