#Gate广场五月交易分享

Bullish Logic: Trend Reversal, Institutional Support Confirmed with Strong Certainty
From the daily chart perspective, Bitcoin's bullish trend has been officially established, supported by three major hardcore positive factors driving the market strength:
First, solid and effective support at the bottom. 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 March and April. The pressure has successfully turned into strong support, signaling a clear trend reversal.
Second, technical indicators are all trending positively. The daily RSI is steadily rising, remaining in a neutral to bullish zone, with no bearish divergence signals; the MACD lines have formed 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. Well-known analyst Michael van de Poppe explicitly stated 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 moving forward is $86,000-$88,000, with a mid-term critical threshold at $92,000-$94,000.
2. BTC Hidden Bearish Risks: Short-term Divergence, Doubts About Breakout Validity
Behind the strong breakout, short-term risks are quietly accumulating. The 4-hour chart reveals hidden dangers that cannot be ignored: the 4-hour RSI has entered the overbought zone, indicating that upward momentum is gradually weakening; at the same time, a typical volume-price divergence pattern appears—prices keep hitting 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 round of rally is a response to