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Today’s market is bullish on the single side; a pullback is the best entry opportunity. Precisely catching this rebound, we’re directly eating into profits and recovering losses!
BTC current price: 81,087; ETH current price: 2,293. Last night’s pullback has completely released the bearish momentum. Now is the best window for the bulls to attack. The long-term upward structure remains intact, and the 80k level support is exceptionally strong. Institutional funds continue to flow in net, and there’s no basis for a deep decline. Those bears shouting about breaking 70k will all be crushed today!
BTC outlook: The daily chart maintains a perfect upward channel, and the four-hour chart has successfully formed a bottom near 80,000. The MACD green bars are shrinking continuously, a golden cross is about to form, and a rebound is imminent. Strong support is at 79,500-80,000; as long as this level holds, the bulls will firmly hold the initiative. The first target is 82,500; after breaking through, look toward 84,000. This rebound offers at least 3,000 points of profit potential.
ETH outlook: Moves in tandem with Bitcoin but with greater flexibility. Last night’s low was 2,256, then quickly recovered, indicating very strong support around 2,250. Although the daily chart briefly broke below the moving averages, the medium-term trend remains upward. The four-hour chart shows severe oversold conditions, and a technical rebound is strongly needed. Strong support is at 2,220-2,250; the first target is 2,350, and after breaking through, look toward 2,400. This rebound offers at least 150 points of profit potential.
Trading suggestions:
Spot: Continue holding existing positions; don’t be shaken out by minor fluctuations. For those out of the market, start building positions in batches now. Boldly buy BTC between 80,500-81,000, and ETH between 2,280-2,300. Buy more on dips, go all-in, and hold tight!
Futures: Open long positions at the current price. BTC stop loss at 79,000; ETH stop loss at 2,200. Targets are 82,500 and 2,350 respectively. After taking profits, you can switch to light short positions to catch a pullback, but the main tone remains bullish.
Remember, in the face of an absolute trend, any pullback is just paper tiger. Follow me today to go long, and experience what it means to win while lying down, to hit the market precisely, and to directly reverse positions from oscillation! $BTC $ETH #Gate广场五月交易分享