#Gate广场五月交易分享

Understanding Bitcoin and Ethereum's linked trend, seize the current bullish opportunity

From the 1-hour chart perspective, Bitcoin and Ethereum's movements are highly synchronized, both showing a standard bullish structure of bottom stabilization, wave-like rally, pullback to gather strength, and a second upward attack. The overall market is strongly consolidating upward, with pullbacks being healthy consolidations and not damaging the upward trend. The mainstream coins are generally in a strong bullish atmosphere.

Bitcoin rebounded from the 80,364 level, reaching a high of 81,270, firmly holding the key support zone of 80,900-81,000 during the pullback, which is a healthy shakeout in the upward trend, with the bullish trend remaining unchanged. Coupled with the 1-hour moving averages arranged in a bullish order, the price steadily rises along the trend line, with sustained strong bullish momentum, confidently maintaining a trend-following long position.

Ethereum's movement is fully synchronized with Bitcoin's, stabilizing and rising from the 2,271 level, reaching a high of 2,321, currently maintaining a high and strong operation. The pullback process is well supported, the trend structure is intact, and there are no signals of trend weakening. The outlook remains firmly bullish, and during pullbacks to support levels, low-position buying opportunities can be seized.

Trading suggestions:
Buy near 80,800-80,500 for Bitcoin, targeting around 82,500
Buy near 2,300-2,280 for Ethereum, targeting around 2,360