On the daily chart, Bitcoin closed with a bullish candlestick with a long upper shadow around 81400, with current resistance at 81500 and support at 80500-80000. Ethereum closed with a bearish candlestick with a long upper shadow around 2350, with resistance still at 2380-2400 and support at 2300-2250. On the 4-hour chart, Bitcoin is steadily climbing, with short-term resistance at 82500 and support at 80500-80000. A break above this level could lead to 79000-78000. Ethereum is showing slightly weakness, failing to break through the resistance level of 2400-2440 and generally trading within the 2420-2230 range. Trading strategy: With the price currently near short-term support, it is recommended to try a long position with a small stop loss. Buy Bitcoin at 80000-80500, target 81500-82500, stop loss below 79500; Buy Ethereum at 2300-2320, target 2370-2400, stop loss below 2280; Strategies are time-sensitive, please refer to the homepage information for details, and private real-time guidance shall prevail!
5.7 Bitcoin and Ethereum Trend Analysis and Trading Strategy!
2026-05-07 11:49:15
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