5.5 Midday Thoughts Bitcoin's key level in the morning has been released, don't hesitate if it rebounds to this level

From the 4-hour chart, it’s clear that the Bollinger Bands are currently narrowing downward, with the price consistently staying below the middle band after the previous correction, maintaining a weak oscillation and bottoming pattern overall.

The MACD indicator continues to operate below the zero line, with bearish momentum slightly weakening, but no clear bullish reversal signal has appeared; the moving average system remains tangled and chaotic, with short-term bullish and bearish directions unclear, and no trend support or resistance has formed.

The current market is in a phase of repeated tug-of-war between bulls and bears, with prices prone to profit-taking pressure after rising, and the overall major trend remains weak. The core trading strategy is still to go short on rallies, and only when the price stabilizes above key support levels with increased volume can small long positions be considered.

It is recommended to attempt short positions if the rebound reaches around 81,000-81,500, targeting a drop to the 78,000-78,500 range, with short-term stop-loss reference at resistance near 82,000. $BTC $GT $ETH #WCTC交易王PK #美国寻求战略比特币储备 #比特币ETF期权持仓限额增4倍