May 5 Morning Analysis


Yesterday's market behavior was completely in line with Yi Fan's approach. Currently, the short-term MA7 and medium-term MA30 are moving in sync above the price, forming a double suppression zone.
The short-term moving average is turning downward, and the medium-term moving average is leveling off, establishing a bearish suppression pattern. Price rebounds will continue to face pressure.

DIF crossing below DEA forms a death cross structure, and MACD negative values are continuing to expand, indicating orderly release of bearish momentum.
Green histogram momentum continues to increase, and the downward momentum has not yet exhausted, making a strong reversal unlikely in the short term.

Yi Fan's Personal Advice
Bitcoin around 80,500-81,300, with a target near 79,200-78,200
Altcoin around 2,385-2,380, with a target near 2,320-2,280 #BTC #ETH Bitcoin breaks through $80K
BTC0.8%
ETH-0.26%
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