In the live broadcast of Fuxi Community: Bitcoin fake breakthrough, Ethereum fake keeps up; The final direction is approaching!

伏羲社区|May 07, 2026 13:00
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The bullish trend of Bitcoin's daily chart has not changed, but the upper shadow suggests the accumulation of selling pressure. Since May, Bitcoin has broken through the $80000 integer mark from around $79500 and then surged above $83200. The moving average system is in a long position (EMA20 around $77500, EMA50 around $75000), and EMA200 at $83168 is still a high ground that bulls have not yet conquered. Daily naked K signal warning: A long upper shadow on May 6th indicates high-level selling; The daily RSI has risen to 68.81, approaching overbought; The MACD bar is positive but deviates. The daily ATR is around $1804, with a pivot center of $81281, resistance above $81830, and support below $80800. The 4-hour structure is running along an upward channel, with prices falling out of the upper Bollinger Bands and approaching the middle band (around $80500). The MACD red bar is shortening and approaching a dead cross.
Support levels: $80500, $79500, $78200. The 1-hour chart shows a divergence between the twin peaks and the MACD peak, with resistance areas ranging from $82200 to $82800 and strong resistance areas ranging from $83200 to $85000; Support zone of $80800-81100, strong support of $79500-80000.
Ethereum's daily/4-hour structure has repeatedly failed, with $2400 forming a stubborn wall. On May 6th, the inverted hammer shape was suppressed by the 200 day moving average (approximately $2367). After four hours of three consecutive lows, it fell below $2350. At the hourly level, there is a rubbing line and the center of gravity tilts downwards. Resistance layer at $2375-2400, strong resistance at $2420-2424; Support layer 2338-2350 USD, strong support 2280-2300 USD. MACD red bar shortens, RSI falls. On the chain, some whales have transferred about 200000 ETH, while some giant whales have raised about 230000 ETH around $2300.
The BTC/ETH price gap has widened, and ETH's weekly increase of about 3.6% is lower than the overall increase. Bitcoin operations are mainly based on a volatile mindset: if the support at $80500 stabilizes, it can be bought at a low price, and if the support at $82800 breaks through, it can be seen in the 85000 direction. Ethereum linkage is weak, with a range of $2300-2400: stabilize and try long below $2350, and short short near $2420.
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Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.