Currently, the market rebound has further reached the chip concentration area, and after a day of consolidation during the day, a clear direction will be determined tonight. The market continues to consolidate around 80,000. Tonight, focus on whether the four-hour chart can recover and break through 80,500. If it breaks down, continue to watch 81,200 for resistance; if it does not break down, continue to observe the bottom breakdown after consolidation.

For Ethereum, the key resistance is again at 2,280. As long as the key resistance is not broken, the overall tone remains bearish. Tonight, Bitcoin surges, but Ethereum remains in a sluggish structure, following the decline rather than the rise. Currently, the bears hold a certain dominance.

In terms of trading, take a light short position at the current Bitcoin price of 80,200, aiming for a pullback to 79,000. For Ethereum, short at 2,270-2,280, targeting around 2,240. #Gate广场五月交易分享 $BTC $ETH