Review of evening market trends: Bitcoin once again staged a rollercoaster near midnight, first dropping to a low of 80,394, then rebounding sharply to a high of 81,800, facing resistance and pulling back. The current price hovers around 81,500. In our evening live broadcast and strategy, we clearly indicated that Bitcoin would dip back to 80,500-81,000 with a target of 82,000. Both long-term followers of the 'Jingquan' account and our evening viewers have benefited; all positions and strategies are fully transparent and publicly available, rejecting post-hoc reactions.
During the day, Bitcoin's single-sided trend yielded over 2,000 points in profit, while Ethereum steadily harvested over 100 points of profit potential.
In the evening, friends who took the swing long around 80,500 in the live session can directly aim for the 83,000 level.
From the current market perspective, Bitcoin is in a main upward wave with a consolidation and accumulation structure, showing no signs of trend reversal or turning points.
On the 4-hour chart, after a surge and pullback to shake out weak hands in the early morning, the market entered a slow, sloped upward oscillation, a standard pattern of shaking out and then rallying the bulls.
Multiple tests of key support zones during the session did not result in effective breakdowns; each retest was quickly recovered and stabilized, forming four consecutive small bullish candles, demonstrating strong bullish capital support.
The middle band of the Bollinger Bands has been repeatedly tested and established as a strong support zone during this phase of adjustment; currently, all three Bollinger Bands are turning upward and diverging, with moving averages maintaining a standard bullish alignment.
The medium-term bullish trend is fully solidified, and the market still has the potential and expectation for further upward expansion.
Tuesday early morning strategy for BTC: Buy at 80,700-81,200, target 82,500.
Tuesday early morning strategy for ETH: Buy at 2,300-2,310, target 2,380.
$BTC #Gate广场五月交易分享