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No need to emphasize the significance of everything; many moments in life are scattered fragments of beauty. Looking back at yesterday's market, the sustained volatility finally saw a significant surge as expected, reaching the high of 82,000 before facing resistance and pulling back, stabilizing around 81,000. Yesterday's real trading also decisively entered long positions, with two consecutive trades capturing a profit of 2,300 points, completely recovering yesterday's losses and making a small profit!
From the current market situation, the pullback after the surge is an inevitable choice. On the daily chart, the overall upward trend remains solid, and breaking new highs is only a matter of time. However, in the short term, the market needs a correction. On the four-hour chart, the price surged to the upper band high point, forming a long upper shadow, indicating clear resistance above. The three bands are narrowing simultaneously, making it highly likely to return to the starting point of the rally. The subsequent strategy should mainly focus on shorting during rebounds!
BTC: Short around 81,300-81,600, target 79,500
ETH: Short around 2,285-2,290, target 2,200#Gate广场五月交易分享 $BTC $ETH