Scenario reenactment, is it the same old recipe? Unable to push higher and then pulling back? Actually not. From the pattern observed last night, it’s clear that the support below is very effective, and a stabilization at the bottom has already formed. The current market is still in the process of breaking through and stabilizing around the 81,000 level, with inevitable tug-of-war. And the short-term pullback is precisely our opportunity to position; the long positions around 80,800 given in the morning can still be used, and friends who haven't yet positioned should seize the opportunity to get in.

Currently, the market has entered a heated phase again, with unavoidable tug-of-war between bulls and bears. Looking at the four-hour timeframe, the market is oscillating around the middle band of the Bollinger Bands, gradually testing the stability of the middle band. The previous strong bullish candles have already opened up upward space. On the hourly chart, after the price surged to the upper band and faced resistance, it declined, but the overall downward momentum is clearly weakening, with decreasing downward volume and successful buying support. Still hesitant?

Bitcoin targets 82,500, with partial profit-taking around 81,700.
Ethereum targets 2,380, with partial profit-taking around 2,340.
#Gate广场五月交易分享 $BTC