If there were no regrets in the world, there would be no more heartache.


If regret medicine were available on the market, it would surely be snapped up and sold out.
Chasing highs and regretting entering, cutting losses at lows and regretting leaving, holding positions and regretting holding on, being out of the market and regretting missing out.
From yesterday to today, Bitcoin overall showed a high-level consolidation followed by a decline.
In the morning, it briefly consolidated at the bottom, then showed a clear surge in the afternoon, reaching a high of around 78,564;
Then it pulled back after the surge, with green bars increasing in volume, red bars gradually shortening, and the evening saw increased support on the pullback.
Currently, the price is around 77,777, with a noticeable correction from the intraday high.
Ethereum's trend is similar to Bitcoin but more volatile.
After consolidating at a low yesterday, it surged in the afternoon, reaching a high of 2,197.63;
Then it oscillated at a high level and declined, continuing to fall in the early hours today.
Bitcoin's current price is near the upper-middle band, with ongoing battles between bulls and bears, but the support on the pullback is more evident than before, and the short-term trend still has a probability of oscillating upward.
In the medium term, it remains bullish with oscillations; as long as it holds the core support zone of 78,000-78,700, there is still a possibility of testing 80,000-81,000 with a push higher.
The volatility range is large, so defensive awareness must be maintained, but as long as the trend has not clearly weakened, pullbacks are opportunities for low buying rather than shorting.
On the 15-minute chart, from yesterday to today, Bitcoin shows a structure of rising lows and higher highs followed by oscillating declines:
In the morning, it consolidated at a low, then surged significantly in the afternoon to reach a high, followed by a slight pullback and consolidation, with moderate support on the pullback, and green bars gradually increasing in volume.
Trading suggestions:
Bitcoin: Buy near 78,000-78,700, targeting 80,500-81,000.
Ethereum: Buy in batches around 2,150-2,170, targeting 2,250-2,300.
BTC-1.59%
ETH-1.37%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
WangLian
· 05-18 00:12
Following you won't lose out.
View OriginalReply0
  • Pinned