I'm currently leaning bearish, but I believe this viewpoint is incorrect; the stance should be more cautious, and we should continue to move forward.


Because the previous rise in the US stock market was too much, it has gone a bit overboard.

5.17 Morning Bitcoin and Ethereum Market Analysis and Practical Strategies
The current major trend remains very clear:
The daily chart structure remains strong, with the 50/100-day moving averages in a full bullish alignment, and the medium-term upward channel has not been broken, indicating that the overall bull market rhythm is still in the hands of the bulls.
In the short term:
BTC is temporarily under pressure near the 200-day moving average, and the market has entered a high-level consolidation and shakeout phase.
This back-and-forth fluctuation is essentially the main force clearing out floating positions, preparing for the next rally.
The technical aspect also remains relatively strong:
MACD continues to form a golden cross above the zero line, RSI stays neutral and strong, and bullish funds have not exited.
Currently, the pullback is not a sign of turning bearish but a normal consolidation before an upward move!
Core point in one sentence:
All current adjustments are opportunities for low-position accumulation, not signals of bearishness!
【Practical Deployment】
Bitcoin: Buy the dip around 77,000-77,500 in batches, target: 79,000 / 80,000
Ethereum: Buy the dip around 2,150-2,170, target: 2,260 / 2,300
The major trend remains bullish; the shakeout is just a process. Once the shakeout ends, it often marks the beginning of an accelerated rally!
Whether you can profit from this wave depends on whether you dare to buy at low levels while others hesitate! #Gate广场五月交易分享 #CLARITY法案参议院通关
BTC-1.03%
ETH-1.65%
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