LongChenOnMarketTrends

Ethereum has recently been a bit overwhelmed, with Bitcoin surging while Ethereum remains relatively quiet. It is still under pressure at the 2400 resistance level. As the market further consolidates, a certain head and shoulders bottom pattern has formed. The key focus moving forward is on the 2400 break situation, continuing to monitor the resistance level of the previous upward channel and considering taking profits.
Currently, the short-term support is around 2350, with a rebound. As the moving average structure shows a bullish alignment, the outlook remains mainly bullish. For short-term

Reviewing the early-morning market: Bitcoin (the “big cake”) made a second attempt to probe higher around the 82,000 area, but it failed and pulled back. The comparison price is currently holding and consolidating at around 81,000, with no further falling through the 81,000 level. Ethereum, as ever, lacks strength; during the night it came under pressure around the 2,380 area and pulled back. It’s still using adjustment as the approach, with further corrections, so that the bulls can build up momentum.
Bitcoin is now rebounding further and pushing the consolidation range higher, sitting in a s

The overall intraday trend is still in the process of reclaiming the Bitcoin dominance. After a certain pullback in the early session, the lows were gradually raised to around 79,500. The market saw a bullish surge, with multiple volume breakthroughs of the previous key resistance zone between 80,500 and 81,000. Currently, the highest price continues to push higher around 81,500, with the current price maintaining oscillation and consolidation near 81,000. As for Ethereum, the situation is somewhat disappointing. It experienced a second volume surge intraday but failed to break through the 2,4

From midnight to early morning, the market was almost unmoving, and the overall trend can be described with four characters as "sideways instead of decline." After the price surged higher, it did not give much room for retracement, mainly consolidating sideways to replace a pullback. Last night, Bitcoin oscillated upward from around 78,128, repeatedly breaking through the 80,000 level, reaching a high of 80,771, but faced resistance from above. Although the bulls did not continue to increase volume to push higher, there was no deep correction either, which is exactly what we call "sideways ins

Reviewing the intraday market, the price surged sharply in the early session, with Bitcoin volume increasing. It briefly rose to around 80,500 before facing resistance and pulling back. The intraday also saw some correction, with a downward spike and a retest near 78,200, which was clearly resisted and then rebounded. In the evening, after a battle between bulls and bears, the bulls ultimately took control with increased volume, pushing higher. Although currently facing resistance at 80,500, the bullish strength is fully demonstrated, and there is a stronger intention to stabilize above the 80

The evening market rebound is still under pressure at the key resistance level of 80,500. In the short term, it cannot continue further and is still in a consolidation phase. Currently, you can consider waiting for a correction around 79,000 to consider entering a small long position. Continue to watch the 80,500-81,000 range for the rebound. #美国寻求战略比特币储备 $BTC ‌$ETH ‌

Early trading shows a short-term bottoming signal after a pullback following the upward probe and correction. As the price further explores higher valuations and recovers, the market has broken through the previous three peaks' high-pressure zone around 79,500, with the current high extending to around 80,500 under resistance. Overall, this has reached our first target position for the wave cycle layout. Whether the bullish momentum can continue to push toward 83,000 depends on short-term pattern signals. Regarding Ethereum, after a dip near 2,300 in the early session, it rebounded and recover

The early session still brought a phased rebound and recovery. However, the price is once again pulling back from a high near 79,500 under resistance, and the current price is now consolidating around 78,600. With a triple-top formation showing, it reflects resistance at the 79,500 area. Throughout the day, the bulls are in a strong recovery phase; you still need to keep an eye on how the 79,500 level handles the pressure, to avoid a pullback driven by shorts building up as highs face strong resistance. At present, the bulls hold the upper hand, and the outlook remains positive: after consolid

Reviewing this week's market, the beginning of the week saw a phased rebound, with a second attempt to reach the 79,500 level before facing resistance and pulling back. Overall, after a significant correction midweek, there were multiple attempts to test lower points, but the 74,800 level was not broken. The bearish impact of the Federal Reserve rate decision did not lead to further downward movement. As the week and weekend progressed, a phased rebound pushed prices higher again, with the highest test reaching around 79,000 before facing resistance once more. Currently, the price remains arou

During the early session, Bitcoin surged to around 79,140 but met strong sell pressure, causing the upward move to clearly stall. Then, three consecutive bearish candlesticks with real bodies formed one after another. The candlestick combination created a classic triple-top suppression pattern, and the short-term long vs. short landscape has shifted from strong to weak. The current price has retreated to around 78,100. At the same time, the one-way pullback is nearly a thousand points. Meanwhile, the bearish candle bodies continue to lengthen, indicating that sell pressure above is being added

Friends who entered the market based on evening synchronized ideas, can continue to hold. Currently, the rebound is a continuation of the short-term bullish trend. Expect volume to not be too strong; wait for the market to pull back. Short-term profit-taking should focus around 78,000. #美国寻求战略比特币储备 $BTC $ETH

The weekend market is still in a consolidation phase with decreasing volume, and intraday trading remains short-term. There has been some slight upward momentum, and the short-term oscillation range has been further confirmed, with a range of 78,000 to 78,500 for consolidation. The hourly Bollinger Bands are currently flattening, indicating that the bulls lack further momentum to recover. For weekend trading, it’s still advisable to focus on short-term strategies.
Currently, around 78,400, you can attempt a short position once, aiming to catch a small rebound, with a short-term target near 78,

The market has been adjusting under pressure after the rebound all day, recovering above the 78,900 level and then showing a certain amount of pressure-led pullback. After the U.S. stock market closed this morning, it also provided some correction strength. Currently, the price has dipped to around 77,500 and bounced back after being resisted. The whole day’s action is also consistent with our yesterday’s approach of catching a pullback wave and then continuing to look for upside. For Ethereum, it pulled back to the key resistance around the 2,280 level, then rebounded and recovered to 2,308,

The candlestick body shows a prolonged upper shadow in the 78,800-79,400 range, indicating heavy selling pressure in that area, with bulls facing strong distribution at high levels. Overall, the price is at a high level with some selling pressure. Currently, the price has fallen back into the body of the previous 4-hour bullish candle, showing signs of a engulfing pause. The key support below is the unfilled gap starting point at 76,660-76,000. If this area is broken, the short-term upward trend will be disrupted. The indicator is currently in a consolidation phase after being overbought, with

On the short-term basis, the current 4-hour chart rebound is in an overbought zone. On the short term, you should pay attention to the adjustment structure of probing higher and then pulling back. The short-term rebound also looks slightly weak; in the future, you can still try to catch waves of pullbacks. For “Big Bing” 78500, try a short position with a light position size, targeting around 77200. #美国寻求战略比特币储备 $BTC ‌$ETH ‌

No need to panic when deeply trapped; follow the trend to plan the market rhythm.
Precisely capture the turning points, calmly seize the entry opportunities.
With a Zen mindset to settle emotions, control positions through steady operations,
Help you steadily hold onto the trend and create your own profit curve. #美国寻求战略比特币储备 $BTC ‌$ETH ‌

In the afternoon, set up short positions. Enter a short near 77,500, then test the prior high on a pullback. Cut the loss if it sweeps the stop by 300 points and exit. Immediately after, set up long positions. Right now, it’s also captured a 900-point upside space—let it run.
After the previous attempt to test and break the high point, bulls dominated the evening, and we still expect further continuation, watching 79,500 to see how it holds under pressure. For friends who entered with low-long positions, you can continue to hold for upside, looking above. Watch the resistance at 79,000 above b

Wishing everyone a happy May Day holiday. The intraday market is still in the phase of a rebound testing resistance. In the early session, the bulls tested 77,500 with increased volume, but it was unsuccessful. The price has now pulled back again to around 77,000 for consolidation, and the intraday move is very different from Wednesday’s pattern. Ethereum is moving in line with Bitcoin’s as well—there has not been any further volume breakout above the 2,300 level. The bulls’ volume-driven rebound still has not marked a reversal of the overall trend. In terms of live trading, the short position

Reviewing the intraday market, the overall trend remains a correction after the early morning dip and pinching. Bitcoin repeatedly touched the high near 76,500 and faced resistance downward. The intraday pullback did not lead to further breakdowns, and the market is generally in a consolidation and accumulation phase within a range. Ethereum showed some rebound strength intraday, but the correction recovery was weak. The price reached the 2270 level and faced resistance, then fell back. The relative strength remains weak, in a bearish-dominated market. Today, we mainly engaged in short-term tr

The intraday or overall trend remains in a phase of a rebound, but the rebound still lacks strength. The market continues to recover but cannot stabilize. On the 4-hour chart, it has broken above the midline of the channel to attempt a breakthrough of this round's new downward channel. Overall, it still presents a bearish rebound, with highs gradually decreasing and lows gradually breaking through signals. Intraday, our approach is to patiently hold short positions for friends entering the market, focusing on 75,500 and 74,000. #美联储利率不变但内部分歧加剧 $BTC ‌$ETH ‌