5.15 Midday Market Analysis



Bitcoin experienced a 15-minute level fluctuation and rally, followed by a healthy pullback. In the morning, it tested the 81,600 high point with slight resistance and then fell back, which is a main force shakeout and accumulation. During the pullback, the bulls showed strong support, and the price briefly touched the middle and lower bands before quickly stabilizing, with a low of 80,200 and then stabilizing. The short-term correction space is fully in place, with solid support below, and the bulls are clearly accumulating.

On the four-hour level, a previous surge to a new high of 82,460 only digested the profit-taking above. The previous low at 78,713 completed a deep shakeout. The current rebound slightly faced resistance at the upper band of 81,900 and pulled back, confirming support with a second bottom. The market has not effectively broken below key moving average support, which is a normal correction and recovery. The bears are just short-term trap, and the larger-term bullish trend remains intact.

Trading Suggestions
Buy in batches around 80,000-80,500 for Bitcoin, targeting 82,000-83,000
Buy in batches around 2,230-2,250 for Ethereum, targeting 2,300-2,340
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