5.5 Morning Thought analysis: Bitcoin is consolidating at a high level around the 80,000 level today. Although there are some sharp rises and falls, it remains above the key support of 79,500, which is a typical strong consolidation pattern. Currently, the daily chart has not broken the upward trend, and this oscillation seems more like a psychological grind around the 80,000 threshold, aiming to clear out floating positions in this area. The MACD remains bullish; as long as there is no volume-driven drop below 79,000 tonight, and with the bearish momentum exhausted, the main force is highly likely to launch a surprise attack late at night, firmly stabilize above 80,000, and push towards 82,000. Trading suggestions: Bitcoin: Buy on dips around 79,200-79,500, target 81,500, 82,500. Altcoin: Buy on dips around 2,310-2,330, target 2,400, 2,450. #比特币ETF期权持仓限额增4倍 $BTC $ETH

Based on the recent consistent market rhythm, today’s Bitcoin flat trading continues to follow yesterday’s trading logic. From the market perspective, it’s clear that the previous fixed point at around 78,000 has now become the low point for today. Yesterday, we relied on the support level of the top low to position for a long position, and the strategy of comparing prices for a rebound has been successfully validated by the current overall market. Therefore, during the flat market, this rhythm can be continuously replicated. Currently, there are signs of a bottoming process below the comparison level. Yesterday’s low at 78,128 is the first short-term support level. As prices continue to push higher, the short-term upward pressure gradually diminishes, and the previous resistance no longer exists. Currently, the comparison level remains oscillating at a high level. Although there is a short-term upward movement, it is mainly a rebound correction after a surge. The subsequent trend still favors a bullish upward movement. Regarding the structural approach, I can confidently tell you that it remains bullish; this will not change due to short-term sideways oscillation. Moreover, the morning strategy from Lao Chen has already made this clear. Currently, the market is moving sideways instead of falling, and there will definitely be new highs in the future. Since it has been confirmed that there is no time cycle, but rather a slow rebound entering a correction phase, there’s no need to overthink. Let it jump around freely; this structural movement is not about retesting support but about building momentum. Currently, the weekly chart is entering a correction phase around the double top pattern. To achieve a second surge, more time is needed. Moving forward, we should focus on the correction cycle after the surge and follow the trend accordingly. On Tuesday midday, Bitcoin was directly long around 80,300-80,000, aiming for 81,500. Ethereum was directly long around 2,350-2,330, aiming for 2,500.

Bitcoin yesterday formed a bullish daily candle with a strong upward move, accompanied by three consecutive bullish days creating a one-sided trend, initially confirming a secondary high point. Currently, it is in a brief retracement phase, retracing to the 80k level and stopping, then gathering strength again to probe higher to 80,500 with oscillation and consolidation. The high-altitude short-selling strategy we emphasized also fits perfectly. Currently, the resistance levels at 805-810 are relatively strong in recent times. If it cannot stabilize above these levels, the market will continue to test the lows at 785-780. A more conservative approach is to short near 805, with a stop-loss at 81,300, and target first at a break below 79,500, then at 78,500. After Ethereum surged to a high of 2,460 earlier, the market has shown a stepwise downward pattern, with highs and lows continuously moving lower. The weak trend has been confirmed. The current price is just relying on the middle band of the Bollinger Bands for a very weak rebound, without strong momentum for a follow-up rally. The 2,400 level remains a strong resistance. A conservative approach is to short near 2,385, with a stop-loss at 2,400, and initially look for a break below 2,310, then at 2,250.