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May 2 Market Analysis
Bitcoin has been striving to break through the 80,000 mark, and this is already the third time this year! Despite unfavorable market news, the bulls are still climbing healthily, indicating that the market is not sluggish.
Bitcoin: Currently at 78,165, up 2.19% over 24 hours, intraday range 76,000–78,900
Features: Rebound from low levels, slight strength, back above 78,000, volume gradually increasing
Core Market Analysis
Short-term trend (1H/4H) 4H: Strong support at 76,000 is effective, stabilizing and then oscillating upward, above EMA50, a bullish pattern
1H: 78,000 is the dividing line between bulls and bears, resistance above at 79,000–80,000, support below at 77,000 and 76,000
Indicators: RSI has rebounded from lows, no overbought condition, rebound momentum remains
$BTC #WCTC交易王PK #比特币ETF期权持仓限额增4倍