A year's plan depends on spring; a day's plan depends on the morning. The long positions arranged this morning are also being taken again, and Bitcoin is rebounding once more, currently around 81,200. This is the power of following the trend. Everything is difficult at the beginning; when there are no gains initially, trading is the most anxious. But if you have already gained something and are following the trend, the rest is just going with the flow. At most, profits are just partially retraced, but you won't be very frightened. This is the difference.



Bitcoin's daily chart, after two consecutive down days, is also starting to rebound slightly. Based on the current trend, no matter how deep the retracement, it will rebound afterward. So, it's even more important to grasp the entry and exit points. The four-hour level has also reached near the middle band, a temporary resistance level. Once it stabilizes, it is likely to continue rebounding. It has already reached a relatively low zone in the range, so during midday, treat it as a retracement to buy more.

Bitcoin above 80,500, watch 82,000
Ethereum at 2,275, watch 2,350#Gate广场五月交易分享 #美国4月CPI上涨3.8% #Polymarket每日热点
BTC-1.08%
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