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TroyMuYi

Good night, brothers. Today's market movements were so small that it's making me sleepy. I'm signing off now, see you at the same time tomorrow… Let me tell you about my streaming schedule.


Live streams from Monday to Friday at 6 PM, ending at 2 AM. Rest on Saturday, and streaming as usual on Sunday!
Brothers, life is a long journey, fortunate to have you by my side! $ETH ‌#比特币现货交易量新低
ETH-0.03%
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This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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Tick-Tock5678
· 3h ago
Bitcoin is likely to keep trading in the $76,000–$80,000 range with major short-term (May) fluctuations; the battle between bulls and bears is intensifying, and a breakout will need strong catalysts. After a roughly 13% gain in April, market sentiment is on the cautious side. High Federal Reserve interest rates and geopolitical tensions are suppressing risk assets. Occasional leverage liquidations can occur, limiting upside potential.

Technically, key support is at $70,000 and resistance is at $80,000. Insufficient trading volume is likely to trigger a pullback. Looking further out in the medium to long term, after the halving, supply-demand dynamics are expected to be tighter; institutional ETF funds continue to flow in; and regulation is becoming clearer, which supports a slow-bull market structure.

If macro pressure eases and institutional buying gains momentum, there is a chance to break above $80,000 and move up toward $85,000. Otherwise, prices may fall back to $70,000 or even $65,000. Bitcoin’s volatility is extremely high. This forecast is for reference only and does not constitute investment advice.

Do you want me to condense the above forecast into a 200-word simplified version that you can forward directly?
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