The overall market trend is moving towards bottoming out and rebounding, with clear tug-of-war between bullish and bearish sentiments; after the negative news was priced in, there was no continuation of sharp decline, and the buying support at low levels is strong, forming a strong oscillation pattern where the market does not fall despite negative factors.

On the news front, inflation data is relatively strong, delaying market expectations of interest rate cuts, which suppresses market sentiment; however, spot ETF funds continue to flow in, and institutional investors are willing to buy against the trend at low levels, providing strong support below. Coupled with the upcoming review of regulatory bills, the market remains cautious in general, making it difficult to see a large upward or downward move in the short term.

Technically, after a quick rebound following a test of key support levels today, the range-bound oscillation pattern remains unchanged, with the key support holding firm and the bullish structure intact; resistance above is clearly pressing down, and it is not suitable to chase high blindly before a volume breakout.

In terms of operation, avoid chasing rallies or guessing tops; continue to follow the strategy of buying on dips. Be patient and hold above key supports, and take profits in stages at resistance levels. Trading should not be entangled in right or wrong short-term ideas; markets always rotate. If you make mistakes, adjust your rhythm promptly. Stay calm, manage risk well, and follow the trend—this is enough. $BTC #Gate广场五月交易分享