Monday Morning • Jingyi’s Market View • Short on Rallies



A new week, a new beginning—good morning! Overnight, BTC (the “big coin”) saw choppy trading and then pulled back, dipping to a low of 760 before stopping the fall and stabilizing. The movement is highly consistent with the forecast. After touching the bottom, the price rebounded and is currently consolidating around the 771 area.

The trend for the “second coin” is moving in sync. In the early session, it pulled back to the key support at 2061, stopped declining, and then quickly rebounded and repaired the move, rising to the 2095 level. Overall, the market still looks relatively weak. Following the trend, the short-on-rallies strategy continues to be profitable.

On the daily chart, the pattern forms a small bullish candle: after dipping, price quickly rebounds. The buying support below is still decent, and there is some room for a modest rebound in the short term. On the 4-hour chart, a V-shaped rebound has formed, with price edging toward the recent highs. The 78,000 level has been tested multiple times and met repeated resistance, but the overall consolidation range remains unchanged. In terms of execution, prioritize setting up shorts based on rebounds.

Trading Suggestions
BTC: Short in the 775-780 range; targets 755-738.
ETH: Short in the 2120-2150 range; targets 2050-1990#TradFi交易分享挑战 .
BTC-0.57%
ETH-0.19%
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GateUser-07f4965c
· 05-25 02:21
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