May 6th Bitcoin (BTC) Strategy:

The May Day holiday has ended, and since this month, the overall market has been gradually warming up and moving upward. Bitcoin has been steadily rising, with the highest surge reaching around 81,700. Friends holding short positions may have endured some discomfort in the middle, but every time the market spikes higher, it normally pulls back and consolidates. Short sellers are not always at a loss; as long as the entry timing and levels are well grasped, they can still make good profits.
From the market perspective, last night’s price action repeatedly tested upward, although it briefly broke through short-term resistance, it failed to stabilize. This kind of rebound strength is weak, and it cannot form a sustained bullish trend with continuous large gains.
Now, do not chase the rally blindly. Today, wait for the price action to pull back and adjust. After falling to a key support level and stabilizing, look for opportunities to go long at lower levels.
Bitcoin:
Gradually buy in batches around 81,300-81,700, with the initial target at 80,000, then at 79,000.
If the decline loses momentum and stalls, then reverse and go long again.
$BTC #美伊波斯湾交火