#BTC
Below is the short-term Futures trading strategy for May 8, 2025, for 9 cryptocurrencies: BTC, ETH, BNB, SOL, SUI, SEI, LINK, AVAX, and ATOM. These strategies are built on real-time market data and multi-timeframe technical analysis:
📊 Market Overview
• Bitcoin (BTC): Has surpassed $97,000, indicating a strong upward trend.
• Ethereum (ETH): Recovering after a 50% correction, currently trading around $1,817.
• SUI: Recently increased by 8%, indicating strong bullish momentum.
• SEI: Supported by news about ETF staking, has growth potential.
📈 Detailed Trading Strategy
1. Bitcoin (BTC)
• Current Price: $97,246
• Trend: Strong uptrend
• Strategy: Wait for a correction to the $96,000 area to enter a Long position.
• SL: $94,500
• TP: $99,500   
2. Ethereum (ETH)
• Current Price: $1,817.86
• Trend: Recovering after correction
• Strategy: Long when the price exceeds $1,830 with increased trading volume.
• SL: $1,790
• TP: $1,900 
3. BNB
• Current Price: $602.01
• Trend: Accumulating
• Strategy: Long when the price exceeds $610 with increased trading volume.
• SL: $595
• TP: $630