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May Day holiday arrives as scheduled. First, I wish all friends in the crypto community a happy holiday and smooth investing.
Looking at the current market, Bitcoin and Ethereum continue the familiar high-level range-bound oscillation rhythm. There is neither a wild celebration of a one-way surge, nor panic from waterfall-style declines. Both sides—bulls and bears—keep battling for control, and the overall market maintains a range, repeatedly pulling back and forth.
Bitcoin’s current trading range is 75,000-78,000. 75,000 below forms a solid support, and 78,000 above is clearly a resistance. The price keeps probing back and forth within the range. Although there is short-term volatility, it has never managed to break the box-like structure.
Ethereum moves in sync with the “big pie,” with a fluctuation range of 2200-2350. The defense line at 2200 is strong, while 2350 is the key pressure level that is difficult to break through in the short term. The trend fully matches the oscillation pattern.
Facing a trend that is unclear but a range that is clear, the most taboo thing is chasing pumps and cutting losses impulsively—blindly betting on direction. The core of trading in the crypto market is never predicting a one-way trend, but rather going with the flow.
The best solution right now is to stick to a “sell high and buy low” strategy: buy near support levels for positioning, and near the resistance levels, take profit decisively and exit. Don’t be greedy or linger in the trade. Steadily capture the profit from each round of range-bound fluctuations.
In a range-bound market, patience is more important than aggressiveness. Hold onto your own trading rhythm, don’t let short-term noise distract you. Wishing everyone a relaxed trading May Day holiday!
#比特币现货交易量新低 #美国寻求战略比特币储备 $BTC $ETH