#Gate广场五月交易分享 Bitcoin surges past $81,000, Ethereum may experience a sharp rise this week.

News:
On May 5th, U.S. President Trump stated that the Iran conflict could continue for another two to three weeks.
On May 5th, U.S. President Trump threatened in an interview with Fox News Channel on the 4th that if Iran fires on U.S. ships near the Persian Gulf or the Strait of Hormuz, they will be "erased from the face of the Earth." When asked about U.S. military readiness, Trump said there are currently only two options: either Iran sincerely reaches an agreement, or the U.S. will ultimately have to restart military operations. He said that all U.S. military preparedness is underway, with sufficient supplies at all bases, and U.S. forces can mobilize and use these resources at any time. When asked about the possibility of negotiations with Iran succeeding, Trump said that compared to the past, Iran's attitude has become more softened. Under U.S. sanctions and continued pressure on Iranian ports, Iran has "shown some flexibility."
On May 5th, the Middle East conflict continues, and the Strait of Hormuz remains blocked. Goldman Sachs stated that global crude oil inventories are approaching the lowest levels in eight years, warning that the rate of inventory depletion is becoming a concerning issue. Goldman estimates that current global crude oil inventories are equivalent to about 101 days of global demand, which may drop to 98 days by the end of May. Although global inventories are unlikely to fall to the lowest operational levels this summer, the depletion rate and supply losses in some regions and products are worrying. The bank estimates that global commercial refined oil inventories have decreased from 50 days of demand (DoD) before the U.S. and Israel's conflict with Iran to the current 45 days, and notes that readily available refined oil buffer stocks are rapidly approaching very low levels.
Let's look at the market:
Bitcoin continued its rise today, breaking through $81,000 and stabilizing above $80k in the short term. The weekly chart has been repaired, and analysis suggests further upward movement. Based on current market strength, Bitcoin may test the short-term top range of $86,000 this week. Once broken, the market could strengthen again to test the $90k level. Currently, on the 4-hour chart, focus is on $80,000; holding above it could lead to testing $81,500, $82,300, and $83,100. A break below would mean paying attention to support levels at $79,600, $78,500, and $77,800 for rebounds.
Ethereum is trading near $2,370 today. After failing to break above $2,400 yesterday and pulling back for consolidation, the daily chart still shows an upward trend. If it can break through the short-term top range of $2,465 in the next couple of days, it could trigger a major rally, with a move toward $2,800 being very normal. If it cannot break through, the price will likely retreat again to prepare for the next upward move.
Mainstream coins are currently rotating in gains, but the increases are relatively small. Recently, it's still the altcoin season, with liquidity mainly concentrated in Bitcoin and altcoins. The previously mentioned main coins can be used for accumulation, waiting for the altcoin rally to finish, after which liquidity will return to mainstream coins. At that time, mainstream coins will experience explosive growth.
Altcoins are currently in altcoin season, with decent liquidity. Many altcoins are expected to see a big surge in May.