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May 7 $BTC 4-hour market real-time analysis
BTC current quote is 81,014.7, a slight intraday pullback of 0.61%, with the intraday range high at 82,828.7 and low at 80,767.1. Market funds have a net inflow of 251 million USD, with sufficient capital absorption, and the overall bullish pattern remains unbroken.
The Bollinger Bands are operating healthily, with prices staying within the middle to upper band range. The short-term correction is a consolidation during the upward trend and has not broken the bullish ascending channel.
The moving average system remains in a bullish alignment, with medium- and long-term trend support stable. The price retraced near the short-term moving averages, indicating a healthy technical pullback confirmation.
The MACD indicator has turned at a high level, with bullish momentum gradually converging. The KDJ indicator has also entered the low zone, suggesting a short-term oversold rebound correction.
Around 80,000-87,000, there is light resistance, with the initial target at a break above 81,500, then looking at 82,200-82,800.