$BTC 5.18-5.22 This Week's Bitcoin and Ethereum Market Summary



Good evening, friends. This week's market was relatively calm from Monday to Thursday. Starting from last week, when Bitcoin's price broke below 80,000, we first saw support at 78,000-77,000. After breaking below 78,000, under strong resistance at that level, the market continued to oscillate downward, and the rebound was weak, with a brief dip below 76,000. However, multiple dips failed to effectively break below that level. On Thursday, momentum weakened, and the market began to gradually rebound, reaching the key resistance at 78,000. On Friday, the outlook was for a short-term sideways move, aiming for a break above 78,000. But in the evening, influenced by the Federal Reserve's leadership change and the US-Iran situation, market sentiment turned panic, leading to a sharp decline, with prices dropping significantly. Even with the US stock market closed on Saturday, it fell over a thousand points again. I also told brothers in advance that if 76,000 breaks, we should continue to follow the trend downward. On Sunday, with easing US-Iran tensions, prices rebounded from the low of around 74,200 back up to about 77,000. Thus, the market experienced ups and downs in the final part of the week, coming to a close.

Because the overall market was more sideways, the main focus was on sideways trading, with fewer impulsive moves. Although there were unfavorable moments, the overall profit potential greatly exceeded the risk of loss. Many partners achieved significant gains this week; losses are inevitable, and cannot be completely avoided. For example, the short-term decision errors on Friday resulted in some losses. However, the short-term sideways trades on Friday morning captured over 3,000 points, nearly 10,000 USD in profit. Previously, whether in live streams or strategy advice, I repeatedly emphasized that short-term sideways trading should be the main approach. If the US-Iran situation isn't effectively resolved, market volatility will increase, making price movements less stable. Those who have experienced this firsthand can probably relate. For short-term traders, it might be manageable because quick adjustments are possible, but for medium- and long-term holders, unfavorable conditions can significantly disrupt their rhythm. Currently, US-Iran negotiations are expected to improve, which is a short-term positive for the market. But given Trump's personality, who knows what might happen next second.

In this market, maintaining a steady sideways strategy is the best outcome. It’s not about others making more, perhaps you only see the good side of others. If the rhythm is broken, take a pause, adjust your mindset, and then continue. Remember, the crypto space is not short of opportunities; what’s lacking is the ability to seize them. Wishing brothers a smoother sideways trading next week. If anyone feels lost, I’m always here to help. #Polymarket每日热点 $ETH
BTC-1.43%
ETH-1.21%
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