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Thursday’s intra-day BTC outlook: selling pressure remains under pressure at high levels, so during the day the main focus is to look for shorts first.
After the early-morning session continued oscillation and a move downward, BTC came to around the 80,700 area. In the short term, selling pressure at high levels is still present. Although the current 4-hour timeframe still maintains range-bound movement at high levels, volume is starting to weaken, and upside room is gradually being constrained.
For the day, pay close attention to resistance in the 81,500-81,800 area. If the rebound fails to break through, you can consider building short positions in batches. On the downside, first look for support around 80,500; further support to watch is near the 80,000 level. If market sentiment turns weaker again tonight, there is no exclusion of another round of a rapid pullback.
In terms of trading strategy, maintain a high-short, low-long approach: short in batches around 81,500-81,800, with targets at 80,500-80,000, and place risk control with a stop above 82,000.
$BTC #Gate广场五月交易分享 #BTC回调
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