5.4 Evening High-Position Resistance, Bitcoin Auntie’s Pullback Strategy Analysis

Bitcoin’s current price is 78,700, with a slight intraday rally reaching 80,000 before gradually pulling back. It closes slightly higher over 24 hours but shows clear signs of exhausted upward momentum. Although the overall daily chart remains in an upward structure without being broken, signs of resistance at high levels are evident. It is currently trapped in a range between 77,300 and 79,400, with very strong resistance at the 80,000 level, making multiple attempts to break through unsuccessful. Tonight’s market mainly consolidates with a slight weakness at high levels. Do not blindly follow the high; when a rebound hits resistance zones, it’s a good opportunity to follow the trend.

The overall market sentiment is cautious, with the upward probing strength at high levels gradually weakening. It clearly shows a pause in the upward trend rather than a renewed surge. External news-induced emotional disturbances amplify short-term volatility. The probability of resistance at high levels causing a pullback is relatively high. Trading should mainly follow the trend and lean towards weakness, avoiding aggressive bets on rebounds or warming trends.

Auntie’s current price is 2,330, with a slight upward movement over 24 hours, fully synchronized with Bitcoin’s trend, but overall performance remains weak and powerless. The short-term oscillation range is between 2,280 and 2,350, with very obvious resistance near 2,350. Multiple attempts to rise have been met with resistance and downward pressure. Support at 2,280 is present but insufficient to sustain a rebound. Tonight, there’s no need to look for independent strength; follow Bitcoin’s weak rhythm and position for rebounds at resistance levels accordingly.

Auntie’s rebound momentum is severely lacking. After each small rise, it quickly falls back to repair, showing stronger short-term downward inertia. It will continue to stay linked with Bitcoin in a weak pattern. Until the overall direction becomes clearer, prioritize observing resistance levels for potential pullbacks, and participate in a trend-following manner for safer control.

Trading Suggestions:
Short at 79,000-79,400 on Bitcoin
Target 77,800-77,000

Short at 2,350-2,380 on Auntie
Target 2,280-2,360