#Gate广场五月交易分享 BTC Deep Game: Daily Bullish, Hourly Bearish, Market Hidden Double-Sided Trap


1. BTC Core Bullish Logic: Trend Reversal, Institutional Support Confirmed
From the daily chart perspective, Bitcoin's bullish trend has been officially established, with three major solid bullish supports driving the market strength:
First, the bottom support is solid and effective. BTC successfully stands above the 20-day moving average, fully recovering the downtrend line since April 13, and has also broken 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 positive. The daily RSI steadily rises, remaining in a neutral to slightly strong 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. Well-known analyst Michael van de Poppe explicitly states that the current market correction is very shallow, with strong buying support during dips. As long as the $79,000 level holds firmly, the first target is set at $86,000-$88,000, with a mid-term critical watershed at $92,000-$94,000.
2. BTC Hidden Bearish Risks: Short-term Divergence, Doubtful Breakout Validity
Behind the strong breakout, short-term risks are quietly accumulating. The 4-hour chart reveals hidden dangers: the 4-hour RSI has entered overbought territory, and the upward momentum is gradually weakening; at the same time, a typical volume-price divergence appears—prices keep making new highs, but 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 current rally is essentially a retest of the breakdown pattern. If the channel's lower boundary re-establishes resistance, the price is likely to fall back to the $75,000 Fibonacci 0.236 retracement level plus the 50-day moving average as a double support zone for defense.
Summary of BTC Pattern: Daily trend reversal is bullish, but the 4-hour overbought condition hides a correction risk, with the overall entering a high-level oscillation and consolidation phase.
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#Gate广场五月交易分享 BTC Deep Game: Bullish on the daily chart, bearish on the hourly chart, market hides dual-sided traps
1. Core bullish logic for BTC: Trend reversal, institutional support with high certainty. From the daily level, Bitcoin's bullish trend has been officially established, supported by three hardcore bullish factors:
First, solid and effective bottom support. BTC successfully stands above the 20-day moving average, completely recovers the downtrend line since April 13, and has broken 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 positive. The daily RSI steadily rises, remaining in a neutral to slightly strong zone, with no bearish divergence signals; MACD lines form a golden cross above the zero line, market volume gradually increases, 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 strong buying support during dips. As long as the $79,000 level holds firmly, the first target is set at $86,000-$88,000, with a mid-term critical threshold at $92,000-$94,000.
2. Hidden bearish risks for BTC: Short-term divergence, doubts about breakout validity. Behind the strong breakout, short-term risks are quietly accumulating. The 4-hour chart shows hidden dangers: the 4-hour RSI has entered the overbought zone, and upward momentum is gradually weakening; at the same time, a typical volume-price divergence 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 current rally is essentially a retest of the breakdown pattern. If the channel's lower boundary re-establishes resistance, the price is likely to fall back to the $75,000 Fibonacci 0.236 retracement level plus the 50-day moving average as a double support zone for defense.

Summary of BTC pattern: Daily trend reversal is bullish, but the overbought condition on the 4-hour chart hints at a potential pullback, with the overall phase entering a high-level oscillation and consolidation stage.
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MrFlower_XingChen
· 3h ago
To The Moon 🌕
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HighAmbition
· 3h ago
To The Moon 🌕
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MasterChuTheOldDemonMasterChu
· 4h ago
Steadfast HODL💎
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