In the morning, Bitcoin pulled back to the 80,600 low area and stopped there, then the bulls once again extended their momentum, rebounding to the 81,700 high area. After that, it entered another slow-paced range-bound consolidation. Ethereum moved in sync: it pulled back to the 2,352 low area in the morning, stopped, then rebounded to the 2,379 high area and faced pressure. The long-bias approach clearly laid out in the morning was also precisely aligned. For Bitcoin, the “bull” trader entered long at 80,820 and exited when it rose to 81,550, capturing a 700-point move. For Ethereum, the “bull” entered long at 2,355 and exited when it rose to 2,377, capturing a 22-point move. Given the currently strong bullish linkage and the rhythm, it’s that simple—just lock in the range positions and take the gains.
Looking at the current market: on both the small and large timeframes, price is gradually stepping upward. Along with normal pullbacks to build strength again, it’s pushing higher—this shows that the bullish momentum is comparatively sufficient. And the four-hour Bitcoin price has already held above the midline. As long as the pullback does not break below, the trend will still remain bullish. In the short term, it’s still a slow rising move with volume. In terms of execution, keep taking longs with light exposure; for selling at high levels, short with caution—treat it as a “sell/short” setup.
In the afternoon, Bitcoin can be longed in the 81,000-85,000 range, with targets around 82,500. Ethereum can be longed in the 2,350-2,320 range, with a target around 2,400. #Gate广场五月交易分享 #比特币站稳8万关口 $BTC
