Happy May Day everyone! I apologize for the lack of updates due to taking my family on a trip these past few days. The large pie fluctuated around 96,000 at noon and then surged to the 97,865 line. Our futures trading also successfully captured nearly 2,000 points. The market has shown a wave of upward movement, and the large pie entered long positions at 96,300, exiting when it reached 97,700. The futures trading was successful as well, and the market is still quite manageable. Did you catch this trend?

From the current market perspective, the daily chart shows consecutive bullish candles breaking through the key resistance levels of the previous days, indicating that the bulls are currently the main trend. Today’s market has shown a wide range of fluctuations. Although there is significant downward space in price comparison, it has not broken below the previous high, indicating that the support area is around 95,000-95,500. From the four-hour chart, the Bollinger Bands are opening upwards, and the price is hovering near the upper band. A small bullish candle is slowly rising and has formed a certain upper shadow. The upward channel has been opened, and any slight pullback is just a normal correction phase. The bullish trend has already taken shape, and we maintain a bullish outlook for the future market. Based on recent patterns, we can enter long positions if there is a certain pullback in price.

The large pie can be bought at 97,500-97,000 in the early morning, targeting around 99,000; Ethereum can be bought at 1,840-1,810, targeting around 1,920. $BTC