Revisiting the early-morning market: overall, Bitcoin (the “big one”) is still in a consolidation phase being blocked around the 82,000 level. At the moment, the current adjustment has not provided any obvious signals. Focus is on whether it can break out to produce clear top-and-bottom signals, so as to guide the upcoming adjustment. As for Ethereum, it’s also being blocked around the 2,320 level and has pulled back; the early-morning adjustment has not broken the 2,280 support structure, and it is still showing a consolidation pattern. The early-morning outlook has also been playing out as expected—just how many friends caught the small correction?

Looking at the current order book: on the daily chart, a strong bullish candle surged upward to the highs. Intraday, from the midline onward, it has been steadily advancing with relentless momentum, using a bullish-strong “reclaiming” approach. In terms of structure, it’s still a strong method of continuously raising the floor, with highs moving higher step by step. Going forward, consolidation still keeps the midline as the “lifeline”; whether it can break through determines the bearish “style.” On the four-hour chart, it is still a high-level consolidation pattern with consecutive green candles. After probing up to the 82,000 area being rejected in the early morning, and then adjusting, it corrected on an hourly level due to an overbought situation. However, the four-hour chart indicators are still relatively healthy, which suggests that after this short-term correction, there is still some momentum for further upside. In recent times, during the US trading hours volume generally leads to expansion, while during the Asian session trading has been sluggish. During the day, the most likely scenario is that the market continues to use an adjustment pattern, with bulls accumulating strength.

Bitcoin can be considered long around 80,600–81,000; watch for whether it breaks 82,000 to judge whether the move continues afterward. Ethereum can be tried long around 2,260–2,280, focusing on the area around 2,330. #Gate广场五月交易分享 $BTC ‌$ETH ‌