5.4 Bitcoin Market Outlook: Attempted Surge Meets Resistance, Weakening Signals Increasing



Early trading sees Bitcoin once again testing resistance above, with the price briefly approaching the 80,000 level, but after the surge, it quickly pulls back and is now retesting support levels. From the trend perspective, this upward push appears more like a test of resistance rather than a genuine breakout.
Looking at the 4-hour timeframe, the short-term bullish momentum is clearly weakening. Although there is some upward movement, there has been no sustained increase in volume, and the subsequent inability to continue rising indicates that selling pressure above remains heavy. The market repeatedly pushes higher and then pulls back, essentially a move by funds to shake out weak holders, with insufficient market absorption.

Currently, the market is in a small-range consolidation, but the momentum has already started to weaken. Multiple attempts by the bulls to push higher have failed to hold key levels, and control is gradually shifting toward the bears. Once the consolidation ends, there is still room for a pullback below.

Today's trading strategy is mainly to short on rebounds, with caution against chasing long positions.
Reference range: around 79,800 - 80,000, with phased short positions. Strong resistance above 80,300 can be used for additional shorts. If the price firmly breaks above 80,300 and stabilizes, short-term shorts should be promptly adjusted. A failure to hold the surge indicates weakness; rebounds are opportunities, and shorting remains the main trend.
#美联储利率不变但内部分歧加剧 $BTC
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