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The upward channel has already opened, still feeling confused? A pullback is a signal to go long! Today's midnight phase continues the yesterday evening's rally pattern, with Bitcoin reaching up to around 82,000, and Ethereum rising to around 2,318. Then comes a normal technical correction after the surge, and the brief correction within the bullish main theme is precisely a sign of the market recharging for a second upward push. During midnight, the layout was to go long with the trend, entering Bitcoin at 81,190, with a small profit of 700 points in place. For this wave of positioning, short-term is the most ideal plan, mainly continuing the trend, and the strength is expected to be moderate. Zhuo Wei also reminded everyone to exit; no friends to follow along?
The main market trend has been stabilized by the bulls, and a pullback followed by a stretch is inevitable in the short term. On the daily chart, the strong bullish candles are extending, with a brief dip to the midline followed by rapid upward movement, and the bullish K-line is exerting strong effort to recover lost ground. Near the bottom midline, a small double-pin bottom pattern appears, and the support at the midline has undoubtedly formed, becoming a strong support for the future. The MACD double lines are consolidating at high levels, the market pattern is steadily increasing in volume and turning positive, and the KDJ three lines are gradually turning positive toward a golden cross, indicating that the upward extension is about to begin. On the four-hour chart, the market is consolidating at high levels, showing some resistance to further rise, and in the short term, the market needs a correction. Considering the overall trend strength, a short-term pullback is a good opportunity to go long.
Bitcoin in the 81,000-80,500 range, target 82,500
Ethereum in the 2,270-2,250 range, target 2,350
#Gate广场五月交易分享 $BTC $ETH