5.15 Midday Market Analysis: Market rises and falls are never without reason. After Bitcoin surges higher and then pulls back, it’s not a sign that the rally is weak; it’s the normal consolidation after a big move. Ethereum longs entered by followers at 2274 took profit at 2297 and closed with a profit of 918 USDT. It has now broken through the bearish pattern and regained the 80430 resistance. After peaking at 82000, the pullback is normal. In the short term, the market is in a phase of consolidating after the surge. As long as it holds above 81450, a breakout above 82000 is only a matter of time. Next, you can look toward the 82500-82800 range. The key supports are at 80450-80000; once price breaks below them, it may return to flag-like range oscillation, and the probability of a pullback from high levels increases. The ideal scenario is to retrace to 80450 to build momentum, then continue rising, avoiding a drop below 80000. As for volume, the first upward candlestick’s volume increase is healthy; afterward, the next two upward candles show reduced volume, with limited gains. Long-position holders should reduce exposure in a timely manner; when volume and price diverge, risks can be avoided. Overall, Bitcoin is consolidating at high levels, and after accumulating strength, it still has upside potential.


‍$UB$AIXBT #Gate广场五月交易分享
BTC0.77%
ETH-0.12%
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