May 5th BTC Daily Chart Bullish Trading Execution Plan

1. BTC (BTCUSDT) Bullish Trading Strategy
Core logic: The daily uptrend is clear. After breaking through the consolidation zone, build positions in stages relying on key support levels, aiming to push towards the previous high resistance level.

Entry timing (execute according to signals marked in the chart):

Main adding position: When the price retraces near 79,532 and closes with a bullish candle, confirming a rebound after the breakout, add to the long position.
Averaging down: When the price pulls back to around 76,585 and does not break below the upper boundary of the previous consolidation zone, and a bullish candle appears confirming stability, consider adding to the long position.
Low-cost building position: When the price retraces to the 74,949/73,682 range, touches the upward trendline support, and closes with a bullish candle confirming stability, it’s a good entry point for low-cost long positions, also serving as the core defensive line for longs.

Risk control and take profit:

Stop loss: All long positions should have a final defense at 73,682. If the price falls below, exit unconditionally to avoid retracement caused by trend weakening.
Take profit: The first target is near 85,102 (Fibonacci 0.618 resistance level). Upon reaching, reduce positions as planned to lock in profits.