#BTC ⭐Bitcoin May 4th Trading Strategy Update

💕Market Analysis:
BTC reached a high of around 80,600 today, which we have been consistently warning about in the public group; this is the resistance zone of the 4-hour downtrend line.
From the current trend, the price has already taken out the liquidity above 80,600, but this does not mean the market has fully turned bullish. Because on the daily chart, there is stagnation and signs of a struggle between bulls and bears at the high-pressure zone, making long positions very risky.
Just now, due to sudden news, BTC experienced a rapid drop on the 1-hour chart, with the lowest hitting around 78,100. This indicates that besides technical factors, news disturbances are still significant, and short-term volatility will be quite intense. If the war escalates, it will be another bearish factor.

💕Next Focus:
BTC’s key point now is to watch the daily closing tomorrow.

If the daily candle closes with a clear inverted hammer, especially with a long upper shadow, a small real body, and closes below the resistance zone, it will be a clear warning sign of a top, and we should be cautious of a sharp rise followed by a pullback.
If the price continues to push higher and can break above 80,600–81,100 with volume on the 4-hour chart, it indicates the short-term rebound can continue.
But if it fails to hold after the surge, or if a long upper shadow appears with volume stagnation, it’s still likely a false breakout, and a retest of lower support levels is probable.

💕Trading Plan:
If BTC attempts to rebound again near 80,600–81,100 but cannot hold, or shows signs of stagnation, you can continue to look for shorting opportunities.

✍Key Levels:
Support: 78,100 / 75,000
Resistance: 80,600 / 81,100

Core Strategy:
Still not recommended to chase longs; mainly look for short opportunities on rallies.