Early morning market again faces downward pressure, with Bitcoin briefly losing the 80k level, dropping to a low of 79,808. Subsequently, the bulls quickly absorb the decline and recover the territory, returning to a range-bound zone; Ethereum also retraced to around 2,255 before stabilizing and rebounding, currently steadily rising. Overall, this dip is more of a shakeout, and the support below remains solid.

On the 4-hour chart, the price maintains a range-bound consolidation pattern, with repeated battles between bulls and bears in the small cycle, but the bullish momentum continues to build. The recent retracement to the mid-line tests support, which is a bottom confirmation behavior and not a sign of market weakness. Current support levels are effective, bearish momentum is steadily waning, and further downside space is limited. The window for bulls to launch a counterattack is gradually opening.

Trading idea: Relying on key support, prioritize low-buying strategies #Gate广场五月交易分享 $BTC $ETH