The 80k mark has been hard to break through for a long time; beware of a reversal and a deep squat at high levels!

Brothers, we need to stay calm and observe the market trend on May 5th. BTC is currently hovering around 80,594, seeming to still be rising, but from the details of the market, the bulls’ strength is clearly running out.

📉 Market reflection (Reject mindless chasing)

One-hour chart (exhausted momentum): By observing the trend chart, we can see that although the price remains high, the center of the candlestick bodies has already started to shift downward. On the hourly level, several doji stars with long upper shadows have formed at high levels, indicating that the selling pressure around 81,000 is very heavy, and there is a strong suspicion that the main force is inducing longs at this level.

Four-hour chart (divergence signal): On the four-hour level, although the candlesticks are still above the moving average, the upward slope has clearly slowed down. The MACD indicator has not strengthened with the slow price increase, and this typical “volume-price divergence” often signals a trend reversal.

Personal opinion: I think the 80k USD level now looks more like a “castle in the air.” Without new funds entering aggressively, it’s hard for the market to stabilize solely through internal capital battles. Today, I expect a deep retracement downward to clear out those high-leverage longs.

🚀 BTC/USDT current price bearish strategy Follow the trend, we directly open a short position at market price:

Opening position direction: Short

Market order entry: 80594

First take profit (1%): 79788 (retrace below 80k to find support, take half profits first)

Second take profit (2%): 78982 (dip to the four-hour moving average support, aiming for greater profit)

Hard stop-loss (1.5%): 81803 (if it forcibly breaks through the 81.8k resistance zone, it indicates bulls are not dead yet, we retreat)

Brothers’ private advice: Shorting isn’t about being stubborn; it’s about acting on confirmed signals. The current market sentiment is a bit overheated, so we should go against the trend. Remember, strictly executing take profit and stop loss is the only iron law for surviving in the crypto world!