Bitcoin and Ethereum Afternoon Market Analysis 5.5



Happy May Day holiday everyone
Recently, the overall market has been gradually fluctuating upward with a slow pace, the rally is weak, clearly indicating significant resistance above, with bulls lacking momentum to push higher, and selling pressure at high levels continues to suppress the market trend.

The key resistance zone for Bitcoin around the 81,000 level is significantly pressured, while Ethereum faces strong resistance near the 2,400 mark. In the short term, it is difficult for the market to break through these levels, and news tonight is likely to cause a pullback. The overall strategy remains to follow the trend and focus on short positions at high levels.

Strategy ideas:

BTC: Enter short positions around the 81,000-81,500 range, with a downward target of 79,000-78,000
ETH: Enter short positions near 2,390-2,420, with a lower target of 2,320-2,280

Market volatility is ever-changing, and there may be delays in text and image updates. All strategies are for reference only. Investors must strictly control their positions and bear the risks of profit and loss themselves.
$GT $ETH $BTC
GT0.13%
ETH1.5%
BTC2.22%
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