May 2nd Xiaoyue Lunchtime Bitcoin Analysis



Bitcoin sharply rose then clearly encountered resistance, and subsequent attempts to push higher failed to break the previous high, instead beginning to fluctuate and decline, indicating heavy selling pressure above, and the bulls' upward momentum has already significantly weakened.
From the low point, this rebound reached the high, but the momentum couldn't keep up, and the price started to weaken and fall back, showing an overall pattern of weak upward momentum and downward pressure, with the bears gradually taking control.
#比特币 #分析:
BTC1.19%
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