2026.5.7 Bitcoin Daily Silk Road



Focus on buying low and selling high

Pullback to 80500–79500 Qingcang Duo, target 82000–82500
If 82500 is not broken, short-term buying opportunity, target 81000-80000

Daily moving averages are in a bullish arrangement, consecutive positive days strengthening, the overall upward structure remains intact, follow the trend without going against it, pullbacks are opportunities to go long

Institutional spot support, unable to fall further below, bears pushing down are easily absorbed by accumulation, pullbacks are unlikely to drop sharply and are more likely to rebound

80500–79500 was previous breakout resistance turned support, main funds are just shaking out here, not deep dumping

81800–82500 above has dense selling pressure, chasing the rally directly risks being trapped in volatility, only buy on pullbacks, not chasing highs $BTC #BTC回调
BTC-0.38%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin