Bitcoin and Ethereum morning thoughts and trading suggestions:

The 4-hour cycle chart clearly shows price action. After the market completes a pullback correction and a consolidation-and-repair phase, the current price is supported strongly by the lower Bollinger Band and is steadily building momentum. The support base below is very solid; the short-term downtrend has already come to a stop, and further downside room is basically sealed off.

The overall bullish trend structure is complete and has not been broken. Since the rebound after the 78,500 level held firm, the bullish upward pace has consistently remained intact, with multiple layers of support firmly established at low levels and the market’s center of gravity steadily shifting upward. At present, there is no bearish signal such as a selloff with heavy volume or a deep breakdown. The bearish selling pressure continues to exhaust its momentum, and this pullback is purely a technical shakeout to flush out and “dig a trap.”

Multiple technical indicator formations are converging and signaling positively, with support strength pushed to the maximum. Market bullish sentiment is rapidly recovering, and the short-term chart shows a strong willingness for a bullish counterattack. The probability of a rebound trading setup starting smoothly is very high; going forward, the outlook remains firmly optimistic that the price will continue an oscillating upward pattern.

Bitcoin: Buy on dips in the 79200-78600 range, targeting 80200-81500.

Ethereum: Buy on dips in the 2240-2200 range, targeting 2280-2340$BTC #Gate广场五月交易分享 $ETH