5.13 Bitcoin/Ethereum Intraday Strategy | The High-Level Lure Trap Has Appeared, Bearish Main Downward Channel Opens



The current market shows a slight rebound, but fundamentally it is just a technical correction after a sharp selloff, not a reversal signal. From the daily timeframe, Ethereum is overall in a weak structure: the 2320-2330 range above is fully suppressed by the MA moving averages, and rebound momentum is severely lacking. Bitcoin seems to maintain a high-level consolidation and briefly “drains” liquidity from other coins in the short term, but this “fake strength” trend has no staying power—it is a lure trap for longs before the bears arrive, and there is still plenty of room for a subsequent pullback.

Intraday precise trading instructions:

BTC: Short around 81500, target 78500-79500, defensive level above 82300.
ETH: Short around 2320, target 2200-2250, defensive level above 2380.

The market has never been 100% win rate. We watch the market around the clock—not to prove how “divine” we are, but to ensure that our trusted friends always have a clear direction and a dependable support in a highly volatile market. #Gate广场五月交易分享 #美国4月CPI上涨3.8% #Polymarket每日热点 #BTC #ETH
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NftGmEveryDay
· 2h ago
Soccer 2026 NFT collection https://www.gate.com/nft/collection/21385/Soccer-2026
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OxRenWoXing
· 3h ago
The front chart shows a slight rebound, but essentially it is just a technical correction after a sharp decline, not a reversal signal. From the daily chart perspective, Ethereum is overall in a weak pattern, with the 2320-2330 range above being fully suppressed by MA moving averages, and the rebound momentum is severely lacking; Bitcoin appears to maintain high-level oscillation, short-term siphoning other cryptocurrencies, but this "false strength" trend is unsustainable, merely a trap to lure in bulls before a decline, and there is still ample room for subsequent pullback.
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