5.4 Afternoon Analysis: Signal of Stabilization Present, Low Leverage Does Not Favor Fighting

Currently, Bitcoin's market is around 79,000-80,500, with an intraday increase of 2.29%, reaching a high of 80,590 during the session, and a low of 78,027, with significant volatility. This presents a typical short-term pulse-like surge followed by a high-level oscillation pattern. However, it should be noted that near the 80,500 level, there is clear selling pressure, and the short-term bullish momentum is showing signs of weakening, with increased competition between bulls and bears at high levels.

In terms of trend, the current rally starting from 78,235.4 experienced a continuous pullback after reaching 80,590. The K-line's center of gravity is gradually shifting downward, and short-term moving averages are showing signs of turning downward, indicating that the continuation of the bullish trend is under challenge. The current price has fallen back below the 80,000 psychological level, and whether this key level can be regained will directly determine if the short-term bulls can gather momentum again. If it cannot quickly rebound above 80,300, it is likely to continue the oscillation with a weak correction trend.

Trading Suggestions:
If Bitcoin retraces to the 79,500-79,300 range, consider setting up for a low-leverage buy, mainly focusing on low leverage, with targets around 80,500-80,800. Use small positions for trial and error, avoid chasing highs, and pay close attention to support levels' ability to hold and changes in trading volume.
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