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May 4th, Monday, Zhongling Evening BTC Silk Road Sharing
Although it pulled back after spiking to 80,600 at noon, the bulls have already shown strength. The evening volume spike to sell did not break the previous low, indicating a shakeout behavior. Currently, it is oscillating around 78,600, with bearish momentum weakening. Negative factors are gradually being digested, and technically, it is expected to recover above 80,000. During the day, focus on low buying and second attempts to push higher. Trading suggestion:
Buy in the 78,000-78,500 range, target 80,500.