#Gate广场五月交易分享

Bullish Logic: Trend Reversal, Institutional Support Confirmed with Full Certainty
From the daily chart perspective, Bitcoin's bullish trend has been officially established, supported by three hardcore bullish factors:
First, solid and effective bottom support. BTC successfully stabilized above the 20-day moving average, thoroughly reclaiming the downtrend line since April 13, and simultaneously breaking free from the long-term pressure zone of $75,000-$78,000 in February-March. The pressure has successfully turned into strong support, signaling a clear trend reversal.
Second, technical indicators are all positive. The daily RSI steadily rises, remaining in a neutral to bullish zone, with no bearish divergence signals; the MACD lines form a golden cross above the zero line, market volume is gradually increasing, and the bullish trend is complete and healthy.
Third, authoritative institutions share a bullish outlook. Renowned analyst Michael van de Poppe explicitly states that the current market correction is very shallow, with very strong buying support during dips. As long as the $79,000 level is successfully held, the first target is set at $86,000-$88,000, with a mid-term critical threshold at $92,000-$94,000.
2. BTC Hidden Bearish Risks: Short-term Divergence, Doubts on Breakout Validity
Behind the strong breakout, short-term risks are quietly accumulating. The 4-hour chart reveals potential issues: the 4-hour RSI has entered the overbought zone, and upward momentum is gradually weakening; at the same time, a typical volume-price divergence pattern appears—price keeps making new highs while trading volume continues to shrink, directly weakening the authenticity and validity of this breakout.
In addition, BTC previously broke below the lower boundary of the ascending channel since March 26 on April 27. The essence of this recent rally is a response to