Tuesday midday Bitcoin Ethereum market analysis and trading suggestions



Looking back at the morning, the midnight long position strategy was perfectly realized. Last night, Bitcoin staged a deep V reversal, first rapidly plunging to the key support level of 100678, then the bulls launched a strong counterattack, reaching a daily high of 103080, forming a nearly 3000-point recovery space. In terms of Ether, it synchronized with a bottom test near the 2400 line before rebounding, short-term pressure is quite obvious, but fortunately, the support below has gradually solidified. Friends who followed Old Tian's bullish view yesterday should have reaped some rewards. Currently, the actual trading is oscillating around the 101700 line, and we still maintain the strategy of buying on dips during midday.

The daily chart shows an up and down Yin Yang needle, with the decline greater than the increase, forming a bearish Doji candlestick. Ether has exhibited the same pattern, with a decline exceeding 200 points, but the space it covers is slightly smaller compared to Bitcoin, with no deeper pullback space. In terms of the 4-hour chart, this strong correction has increased the intensity of the market washout, first probing high to wash out shorts, then bottoming out to wash out longs. The fluctuation baseline has once again widened. Our bullish outlook remains unchanged, and we will continue to operate with a low buy on pullbacks, placing Bitcoin's stop loss at 100000 and Ether's at 2400. We continue to go long.

Operation Suggestions
Long Bitcoin in the range of 101300-101800,
Target 104000. Defend 100000.
Buy in the Ethereum range of 2400-2420, target 2550.
#特朗普宏大减税法案 #贸易战缓和 #美SEC主席发言
BTC-1,77%
ETH-2,53%
TRUMP-0,16%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
1119405450vip
· 2025-05-13 03:51
Multiple hairs
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)