$BTC Crypto Circle Li Ying: On May 7, 2026, Bitcoin continues its oscillating pattern. Why does Li Ying remain patient and watchful for a turning point? Latest market analysis and trading suggestions

　　
　　Article release time: 00:30 on May 7, 2026
　　
　　Before publication, Bitcoin's current price is 81,793. From the market trend, after experiencing a previous oscillating upward movement, Bitcoin encountered strong resistance around 82,850, then entered a consolidation range. Currently, the short-term moving averages EMA7 and EMA30 are intertwined with the long-term EMA120, reflecting that the bulls and bears are in a stalemate near the current price level. The market lacks a clear trend direction, and prices are waiting for new driving factors to break the deadlock.
　　
　　Regarding technical indicators, the MACD DIF and DEA are hovering near the zero line, and the MACD histogram is below the zero line with no significant change, indicating weak market momentum and that both bulls and bears are observing. The moving average system shows high uncertainty in trend, with various period moving averages closely aligned. The resistance level at 82,850 is like a barrier; if the price can break through successfully, a new upward space will open. The support level at EMA120, around $78,876, is an important line of defense; if broken, the market may shift into a downtrend. Li Ying advises investors to stay calm and wait for clear breakout signals before acting.
　　
　　Short-term reference:
　　
　　Buy positions at 81,300 and 80,500, exit if below 80,000, target above 82,000 aiming for 83,200
　　
　　Sell positions at 82,100 and 82,400, exit if below 82,850, target below 80,700 aiming for 80,000
　　
　　The above content is exclusively created by Li Ying. Please indicate the source when reprinting! Due to delays in article review and publication, markets change rapidly. The above suggestions are for reference only; please bear the risks yourself. We hope Li Ying's insights will be helpful to you!
　　
　　The content is real-time and for reference only. Please bear the risks yourself. ‌#加密市场回升