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Early Morning Analysis
From the market trend perspective, the support at 80,500 for Bitcoin has been tested multiple times and is close to breaking, do not blindly buy the dip or chase longs.
The strong resistance at 81,800 is very formidable, and the bullish momentum continues to weaken, with the rebound showing no strength or continuation.
Currently, the bearish forces remain dominant, and a weak downward trend has been established; following the trend to short high is the safest approach.
Trading Suggestions
Short positions around 81,000-81,500 for Bitcoin, targeting around 80,000-79,500
Short positions around 2,300-2,320 for Ethereum, targeting around 2,200-2,230$BTC $ETH #Gate广场五月交易分享