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5.7 Market Analysis
Finally, the bulls see a glimmer of hope. Repeating important advice three times: do not rush to buy the dip, do not rush to buy the dip, do not rush to buy the dip. Currently, BTC has strong support at 795; if it breaks below this, the decline will accelerate.
$BTC
Structure: Break below indicates a bearish flag pattern, currently testing support at 80,885.
Key Support Levels:
80,885: If lost, next target is 79,590, which would break the hourly bullish trend and shift into consolidation.
78,205: Hourly bullish lifeline; if not broken, pullback is normal; a break bel
ETH-1.42%
BTC-0.17%
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Ethereum continues to perform weakly. Currently, the short position at 2400 can be held as a core position. The eight-hour timeframe remains within a consolidation zone, with multiple volume-driven declines. The daily midpoint resistance level is quite strong, with low trading volume, and institutional funds are almost absent. The rebound resistance level is prioritized for shorting. #BTC回调
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ETH-1.41%
BTC-0.16%
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TradingKingGaoYuliang
Latest aggressive position sharing! #BTC correction
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$Sato I sold a little up front, then added more later.
So good at “washing” it—almost got washed out. Back then it washed down to 0.15.
$Wifi is because I saw the lawsuit, so I went against the trend.
Added a bit—bye-bye now.
$zen is planning to hold onto it; no rush. As long as the privacy public chain stays hot.
Later on, it might suddenly reach 9 bucks, 10 bucks.
Didn’t dare to mess with $Zec . Let’s leave it like this for now.
ZEC1.92%
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Day 9, keep pushing to break 400 in profit
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BTC and Ethereum layout is still keeping short positions working with strength, with further downside room below: 5/7
For the past few days, BTC and Ethereum’s market has been repeatedly pushing higher and then pulling back. It has never been able to break through the highs, so we’ve been placing shorts near the resistance zones around 81,500 and around 2,420, and we’ve kept holding them while waiting for the next market development. Right now, BTC is still relatively strong, so the room we’ve captured isn’t very big; however, this also shows there is still further downside room. As for Ethere
BTC-0.16%
ETH-1.41%
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Sharp rebound after a sharp decline! 4550 support stabilizes, strong attack on 4720!
On Thursday, gold sharply fell to $4546 before stabilizing, and today during the Asian session, it continued to rebound strongly, breaking through multiple resistances at 4620 and 4680, reaching a high of $4722. Currently trading around $4705, showing a "bottoming out and rising, strong breakout" bullish pattern, with 4550 becoming a strong medium-term support.
Technical bullish signals are fully dominant: TRIX trend indicator shows a golden cross at low levels, MACD fast and slow lines quickly cross above the
DOGE-4.04%
ETH-1.41%
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ARC4.19%
FLOW-0.86%
PERP0.54%
CRV0.65%
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🔹 Grant Cardone makes a bold BTC + real estate bet: returns could outperform traditional REITs
gate liveLIVE
1,092
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#BTCPullback
Bitcoin’s latest pullback is not market weakness. It is the market testing conviction.
After reclaiming the $81K+ region and pushing Bitcoin dominance to fresh highs near 61%, the market entered a phase where overleveraged longs expected a straight line upward. Instead, BTC delivered exactly what strong markets usually do before continuation: pressure, fear, liquidations, and emotional exhaustion.
Today’s environment is extremely aggressive. Volatility is being driven not only by technical positioning but also by geopolitics, institutional flows, and liquidity manipulation across
BTC-0.16%
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MasterChuTheOldDemonMasterChu:
Buy the dip 😎
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$ETH Ethereum surges then pulls back for correction, currently trading around 2331, with the price breaking below short-term moving average support, indicating short-term bearish momentum is releasing.
Resistance levels above are concentrated in the 2345-2360 range, with strong resistance at the previous high of 2423; support below first looks at the 2320 level, and if it fails to hold, then around 2300.
1-hour MACD shows a death cross downward, with the green bars continuously enlarging; the 4-hour price breaks below the short-term moving average, and the overall upward trend is temporari
ETH-1.41%
BTC-0.16%
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Someone is still breaking even while copying trades, and he has already quietly withdrawn 8 times. I was going to congratulate him, but the more I think about it, the angrier I get: Bro, do you not respect this wave of market movement enough? #BTC回调 $BTC $ETH
BTC-0.16%
ETH-1.41%
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Last night, I subscribed to the sleep order, and I remember 100% to reduce my position and push for capital preservation!
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Good morning
$BTC
BTC-0.16%
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What do you think the price of Bitcoin will reach on May 7th?
A. $76,000
B. $78,000
C. $80,000
D. $82,000
E. For more, please click the prediction card
23 ParticipantsEnds In 1 Day
Bitcoin above ___ on May 7?
76,000
1.00x
100%
78,000
1.00x
100%
$979.54K Vol+9 more
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KoreanSweetPotato:
No problem with 80,000
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#GateSquareMayTradingShare I just deposited money but don't know which coin to play yet, the chart is dancing so much 😂😂😂😂😂. Seeing that $LUNC has decreased significantly compared to yesterday, should I invest a little, guys?
LUNC-22%
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GateUser-0834a1ba:
HODL tight 💪
https://gate.com/live/video/11e0faf274b24a55b748cbcef338bc14?type=live&stream_id=11e0faf274b24a55b748cbcef338bc14&session_id=11e0faf274b24a55b748cbcef338bc14-1778121839&ref=VGCSBGGMVA&ref_type=104https://gate.com/live/video/11e0faf274b24a55b748cbcef338bc14?type=live&stream_id=11e0faf274b24a55b748cbcef338bc14&session_id=11e0faf274b24a55b748cbcef338bc14-1778121839&ref=VGCSBGGMVA&ref_type=104https://gate.com/live/video/11e0faf274b24a55b748cbcef338bc14?type=live&stream_id=11e0faf274b24a55b748cbcef338bc14&session_id=11e0faf274b24a55b748cbcef338bc14-1778121839&ref=VGCSBGGMVA&ref_type=104https://gate
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#Share My Holding Returns#$DOGE
DOGE-4.06%
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[The user has shared his/her trading data. Go to the App to view more.]
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JUST IN: A highly leveraged BTC long whale on Hyperliquid, opened yesterday, is within ~0.25% of liquidation with a price trigger around $80,650. If hit, ~109.7 BTC (~$8.8M) could liquidate on-chain, likely adding near-term selling pressure. $BTC
BTC-0.16%
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RjHaroon:
ndhdhdhdb laisudyyd
✨An An’s perspective analysis is here!
The news about the U.S.-Iran agreement looks like a positive, but in fact hides concerns.
Behind the sharp drop in oil prices is the rapid unwinding of the geopolitical risk premium. As risk-hedging sentiment cools, it also means inflation is easing and expectations for Federal Reserve rate cuts are being tempered. For Bitcoin, this is not long-term support.
The current rebound is driven more by short-term sentiment. There are still uncertainties before the agreement is finalized. If expectations fall short, the sentiment reversal could happen even faster
BTC-0.16%
ETH-1.41%
DOGE-4.04%
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