Reviewing the intraday market, Bitcoin remains in a volatile consolidation phase, consistently staying within the 79,000-80k level. After the US stock market opened in the evening, as the market further pushed higher, the price surged past the key resistance of 80,000. Continuing into the evening, after breaking through 80,500, it extended gains and recovered to around 82,000 before facing resistance and pulling back. Currently, it is oscillating near 81,500. Ethereum stayed within the 2,240-2,270 range during the day, and after breaking above 2,280 in the evening, it rebounded past 2,300, with a current resistance at 2,320, pulling back afterward. During the day, the white session saw range-bound trading with good short-term gains. In the evening, short positions around 80,200 on Bitcoin were closed after the price broke above 80,500, resulting in a total short-term gain of about 1,300 points for Bitcoin and 35 points for Ethereum. Short-term trading statistics are not recorded in real-time.

The current market remains in a bullish rebound phase. As the market continues to rally, attention should still be on whether 82,000 will be broken. A further break could signal a continuation toward new highs. After three consecutive bearish candles on the daily chart, a large bullish candle has recovered the decline, demonstrating strong bullish momentum. Currently, Bitcoin is still following the US stock market higher. The future trend will depend on whether the market consolidates at high levels or experiences a second breakout to test higher levels. On the hourly chart, the current rebound has entered overbought territory and is consolidating. The failure to extend beyond 82,000 suggests that bullish volume may decrease, leading to a short-term correction. Night trading can focus on short-term adjustments, and then look for support levels to plan long positions.

Bitcoin can be shorted around 81,700-82,000, with targets at 81,000-80,500. Ethereum can be shorted around 2,315-2,330, with a target near 2,280. After retracing to the target levels, consider long positions based on the chart pattern. #Gate广场五月交易分享 $BTC ‌$ETH ‌