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#Bitcoin
Today’s 5.4 Market Analysis and Strategy
Intraday Resistance: Around 80,600
Intraday Support: Around 78,900
The market has effectively broken through the upper boundary of the consolidation, establishing a bullish trend. After a short-term surge, it is highly likely to pull back and gather strength, with a dip back to the previous resistance zone turning into support. This is the best opportunity for a low-position long entry. Avoid chasing high long positions and mitigate the risk of a pullback and shakeout. Focus on low-long positions.
Entry zone: Around 79,000, gradually add longs on the dip.