#Bitcoin


Today’s 5.6 Market Analysis and Strategy
⚡️Intraday Resistance: Around 81,800
⚡️Intraday Support: Around 70,500

After the current market has been continuously rising, there are signs of technical slowdown in the short term, but the bullish trend on the daily chart remains solid. The 1-hour Bollinger Bands on Bitcoin are running close to the middle band, with the lower support at 80,662 and yesterday’s low coinciding to form a strong support. As long as the daily price does not break below 80,000, the structure cannot be considered reversed. Overall, the pace is a slow upward push, with no signs of accelerating to a top, nor does it provide comfortable re-entry opportunities for pullbacks. Trading strategy: Focus on buying the dip and stabilizing at lower levels, avoid blindly chasing the top, buy low and sell high quickly, and strictly cut losses. BTC: Buy in the 80,800-80,500 range, targeting 81,800, with a breakout potential near 82,500.
BTC0.26%
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