5.17 Morning Bitcoin and Ethereum Market Analysis and Trading Playbook



The current major trend remains very clear:
The daily structure is still strong. The 50/100-day moving averages are fully aligned in a bullish formation, the medium-term uptrend channel has not been broken, and the overall bull market rhythm is still firmly controlled by the bulls.
In the short term:
BTC is temporarily under pressure around the 200-day moving average, and the market has entered a high-level consolidation and shakeout phase.
This kind of back-and-forth oscillation is, in essence, the main force washing out weak hands to build energy for the next leg up.
The technicals are also skewed bullish:
MACD has been running with golden crosses above the zero axis, RSI remains neutral with strong bias, and bullish funds have not left the market.
This current pullback is not turning bearish—it’s a normal consolidation before a rise!
The core takeaway in one sentence:
All current adjustments are opportunities to build positions at low levels, not bearish signals!

【Trading Playbook】
BTC: Pull back to 77,000–77,500; buy the dip in batches. Targets: 79,000 / 80,000
Ethereum: Pull back to around 2,150–2,170; enter long on the dip. Targets: 2,260 / 2,300

The overall uptrend remains unchanged. This consolidation and shakeout is only the process—once the shakeout ends, it is often the start of an accelerated rally. Whether you can capture the profit from this wave depends on whether you dare to board at low levels when others are hesitating!#Gate广场五月交易分享 #CLARITY法案参议院通关
BTC-0.44%
ETH-0.39%
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AHeadOfBlackHair
· 05-17 02:44
Are you so sure? Could Monday see a big drop? After all, tech stocks have already pulled back. So many generals in a row is unrealistic.
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