The week’s market has come to an end. Looking back at this week’s market, Bitcoin, after dipping to a low of 92700 at the beginning of the week, entered a period of fluctuation. Subsequently, the market continued its oscillating trend, gaining support at the support level and starting a rebound. By the end of the week, it surged to 97865, and after a brief pullback, it rebounded again. Overall, this week’s market presented a fluctuating upward pattern, with both bulls and bears having profit opportunities. With our precise market judgment, the gains have also been quite substantial.

From a technical analysis perspective, Bitcoin ended last month strongly with a full-bodied candlestick featuring a long lower shadow, successfully achieving a bottom reversal. Entering May, the bullish trend continued, with the candlesticks consistently breaking upwards. Most of the market losses have been recovered, and Bitcoin is gradually approaching the significant 100,000 mark. Although Ethereum also experienced a bottom reversal, its rebound strength is relatively weak, and it has not yet broken through the 2000 mark, remaining significantly below its historical high. From a weekly perspective, Bitcoin has recorded four consecutive bullish weeks, successfully reversing the previous downtrend, and the short-term upward momentum is strong; Ethereum has only recorded two bullish candlesticks, with the second candlestick showing a complex pattern and intense competition between bulls and bears, leading to significant uncertainty in future trends. Currently, Bitcoin is fluctuating around 95800, with this position being an important resistance conversion point, crucial for the subsequent market development. It is expected that next week’s market will likely continue the upward trend, and even if there is a pullback, the overall bullish pattern remains solid. It is recommended to focus on buying on dips for operations.

Bitcoin can be bought in the 94700 - 95000 range, targeting around 97000, and Ethereum can be bought on dips in the 1820 - 1810 range, targeting around 1870.#BTC $BTC