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Alex E
Alex E
Market Pulse: Crypto Analysis – May 12 🔥 Bitcoin tested the 82,000 resistance zone yesterday but was swiftly rejected, confirming that sellers remain firmly in control. The immediate support floor sits at 80,000. The key play today is simple: hold above 80,000 for a potential long entry, or a decisive breakdown below that level signals a shift in momentum, opening the door for a short position. 📉 Ethereum has already broken below the 2,300 mark, now seeking a bottoming pattern to align with Bitcoin's next move. This cooldown is a classic setup for a coordinated rebound or a deeper correction. ⚡️ Strategic Setup: BTC: Wait for a breakout above the 15-minute descending channel. Do not rush into longs. The trigger is a clean break of the trendline while 80,000 holds as support. ETH: Look for the same 15-minute channel breakout, ideally confirming a synchronized move with Bitcoin for higher probability entries. Short Scenario for BTC: If 80,000 breaks, consider a short position. Stop loss: a 1-hour candle close back above 80,000. Target: the 79,000 area. All views presented are for analytical purposes only. This is not financial advice. Always do your own research. DYOR 🧠

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