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Wednesday, May 13 Morning Market Analysis
After the cryptocurrency price dipped below the 80,000 level in the early hours, the downward trend slowed, and a quick rebound of 800 points occurred, once again confirming that the support below is still effective. The evening advice to go long around 80,000 is also a further validation.
The morning trading strategy remains focused on rebound recovery. A pullback is a buying opportunity!
Bitcoin: Buy around 79,800-80,000, target 82,000.
Ethereum: Buy around 2,260, target around 2,330.
$BTC $ETH