5.22 Afternoon Market Analysis$BTC $ETH



The overall bullish momentum in the afternoon session continues, with the daily chart forming a double bullish pattern, constructing a standard deep V-shaped reversal, and the medium-term upward trend has been established. The previous correction has completed sufficient consolidation and buildup, and the current long-short situation has fully tilted toward the bulls. After a brief period of consolidation, the upward momentum is gradually gathering strength, and the probability of continuing to rise in the future has significantly increased.

The four-hour short-term performance is particularly strong, with the price quickly finding a bottom and stabilizing after testing the middle band of the Bollinger Bands, without experiencing a deep decline. The support zone below is solid and stable, with bullish buying volume steadily increasing, and bearish selling pressure gradually weakening. The overall market is clearly trending upward with oscillations, so there is no need to blindly chase highs in the short term. Stick to the core strategy of buying on dips, waiting for the price to fall back to key support levels before entering positions, and steadily capturing the bullish market benefits.

Trading Suggestions
Buy on dips in the Bitcoin price between 76,500-77,000 in batches, with the target around 79,000-80,000.

Enter long positions on Ethereum when it dips to 2,000-2,120, with the target around 2,160-2,200, and hold based on the support levels.
BTC0.04%
ETH0.56%
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