Good morning everyone~ During the May Day holiday, the overall market trend was quite good, and based on the latest market行情, it can still continue to rise. The key resistance to watch this week is around 85,000. Personally, I believe the upward trend structure is still intact, and the recent surge in volume has not yet ended, making it relatively easy to reach. Therefore, in the short term, the market direction is bullish, and it is recommended to buy on dips. From a weekly chart perspective, it’s clear that the market has already entered a major downtrend, but the weekly W-shaped pattern signals a definite upward sign. Looking at a longer cycle, the target is around 87,000, as there is strong resistance near that level. Additionally, the monthly chart shows the market gradually forming a large V-shape pattern. Whether it can form a standard V shape depends on subsequent developments in US-Iran relations, Federal Reserve policies, and other related news. Overall, the market is gradually warming up, while most mainstream altcoins are still catching up. The overall performance has not yet broken out of the current market state. For those who have not yet bought spot and are currently in cash, it’s advisable to buy gradually on dips to build positions. I mentioned this at the end of last month. For those who have already bought, it’s better to wait and observe. I personally believe that recent upward momentum has also been driven by continuous buying from crypto ETF institutions. Therefore, it’s important to pay attention to subsequent institutional activities. Yesterday, the net inflow of institutional funds was about $247 million, and trading volume was decent, indicating that institutions are actively buying in the short term, and the overall outlook remains bullish. Thus, today’s BTC fluctuation range is approximately 80,000-83,500, ETH is 2,330-2,450, and SOL is 85-89. Today’s contract strategies: BTC: Buy on dips around 80,500, take profit at 83,000 ETH: Buy on dips around 2,350, take profit at 2,420 SOL: Buy on dips around 86, take profit at 89 Warm tips: 1. Stop-loss suggestions should be set according to your actual liquidation price and your risk tolerance. 2. Don’t be greedy; lock in profits when possible. It’s better to take small losses than to hold onto losing positions. If the direction is correct, continue to hold. $SOL ‌$ETH ‌$BTC ‌

#比特币站稳8万关口 #Gate广场五月交易分享 Bitcoin returns to $80k. Can ETF inflows help push it to the next level? After Bitcoin rebounds to the critical $80k level, early holders show signs of taking profits, while institutional funds continuously support the market through spot Bitcoin ETFs. Once Bitcoin stabilizes above $80k, a clear wave of profit-taking emerges in the market. On-chain data shows that long-term holders with positions of 2 to 3 years are accelerating their sell-offs, with profit-taking volumes reaching $209 million per hour. These investors generally have gains between 60% and 100%. The total net profit and loss across the entire network has risen to $1.12 billion, reaching the highest profit level since December last year. Unlike traditional stock sell-offs that often trigger panic, the crypto market views large-scale profit-taking during an uptrend as a sign of healthy fundamentals. Under the pressure of hundreds of millions of dollars in sell orders, Bitcoin still holds above $80k, confirming strong genuine buying demand in the market. Meanwhile, the chips have been turned over; profit-taking at high levels has exited, new buyers are stepping in near $80k, reshaping the overall market position cost, solidifying bottom support, and short-term selling sentiment is stabilizing. Spot ETFs are the core pillar stabilizing the market. In the first two trading days of May, net inflows into Bitcoin spot ETFs exceeded $1.1 billion, with over $600 million absorbed by products under BlackRock alone. Currently, ETF funds show an extended inflow cycle and weakened outflows, indicating sustained institutional long-term allocation demand. Industry analysts say that current institutional buying exceeds five times the daily new Bitcoin supply from miners. Based on historical trends, the average gains over the next month could be significant. The derivatives market continues to squeeze out shorts. Since early February, short positions have been liquidated to a total of $7.88 billion. Even as shorts keep adding at the $80k resistance level, they are repeatedly forced to close positions, further pushing the price upward. Market forecasts indicate a 62% chance that Bitcoin will break through $85k by the end of the month, with a 25% chance of reaching $90k. On the macro level, Bitcoin has withstood external negative factors such as Federal Reserve policies and oil price fluctuations, demonstrating strong resilience. However, technical resistance remains in the $82k to $83k range and at the 200-day moving average. Easing geopolitical tensions reduce market volatility. The U.S. crypto industry regulation bill has entered the review stage, and regulatory certainty expectations have boosted institutional confidence. The industry generally believes that a crypto market recovery cycle has begun. Therefore, the battle between bulls and bears at the $80k threshold appears more like Bitcoin transitioning from a retail speculative asset to an institutional allocation asset. As long as ETF institutional buying continues to absorb profit-taking pressure, Bitcoin has a solid fundamental support to challenge the next key resistance level.

Noon Strategy Review & Afternoon Operation Plan 1. Morning Market Review: Bitcoin surged to 81,300 early in the session then pulled back, trading within a narrow range, with steady volume, ample chip exchange, no panic selling, and a rebound that did not break the short-term support at 80,500, indicating the bullish structure remains intact. 2. Core Logic for the Afternoon: Short-term focus on the 82,500 resistance level; a breakout would open upward space, while failure to break would keep the range between 80,000 and 82,000; institutional ETF continues to see net inflows, the medium-term trend remains unchanged, and pullbacks are still opportunities for layout. 3. Position Management Strategy: ◦ Bottom Position: Long-term holdings in the 76,000-78,000 range, continue holding, with stop-loss moved up to 79,000 to protect profits ◦ Short-term Position: Enter in batches on pullbacks to the 79,500-80,000 range, stop-loss at 79,000, take profit at 82,000-82,500 ◦ No Position & Watch: Do not chase highs, wait for pullbacks to build positions, or follow the trend after breaking and stabilizing above 82,500 4. Pay attention to the US stock market trend and the US dollar index fluctuations in the evening, strictly control position sizes, with no single position exceeding 20%, always prioritize risk control. #比特币站稳8万关口 $BTC $ETH #比特币站稳8万关口