Yang Guang bit | May 7 $ETH +$SOL Morning Strategy: BTC consolidates with oscillations, high-probability opportunities are fully captured



【Core Overview】Current price ETH 2326, SOL 88.27, both linked to BTC entering a technical pullback and consolidation phase after a rally, the large-scale bullish trend remains intact, short-term pullback is profit-taking digestion, not trend reversal. Middle Eastern geopolitical uncertainties persist, combined with ongoing favorable policies for BTC, the fundamentals of the two main cryptocurrencies are solid, and after consolidation, there is still momentum to break previous highs. Operations mainly focus on buying on dips at strong support levels, with light positions at resistance levels to gamble on pullbacks, avoiding blindly chasing gains or selling in panic, strictly adhering to risk control bottom line.

ETH Strategy
Entry timing: Price retraces to the 2300-2320 range
Optimal entry point: Near 2310
Stop-loss setting: Strictly below 2270
Tiered profit-taking:
First target: 2360-2380
Second target: 2410-2430

SOL Strategy
Entry timing: Price retraces to the 87.0-87.5 range
Optimal entry point: Near 87.2
Stop-loss setting: Strictly below 85.5
Tiered profit-taking:
First target: 89.5-90.0
Second target: 91.5-92.0

🚀 Consolidation market tests patience the most, focus on high-probability certainty opportunities, avoid blindly chasing gains or panic selling, keep up with the rhythm, let’s steadily capture the profits from this breakout of the previous high! $ETH ‌#BTC回调
ETH-1.82%
SOL1.6%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin