5.7 Lunchtime Poetry Viewpoint Bitcoin at a high level approaching a pivotal point, key levels highlighted!

From the 4-hour cycle perspective, Bitcoin has recently formed a smooth upward structure, with the price rising from a low of 74,868 and reaching a high of 82,828.7 USD, then entering a consolidation phase at high levels, currently hovering around 80,890.

The market is currently in a battle between bulls and bears at high levels. The previous high near 82,828 is a short-term strong resistance level. If volume does not increase again to break through, it is likely to continue retracing; on the downside, attention should be paid to key support zones during the previous upward move. The 80,000-80,500 range is the first line of defense for the bulls. If it is broken effectively, the price may further decline to the 79,000-79,500 range, which is a critical support zone for this upward trend.

Direction suggestions:
Short-term strategy: If the 82,000-82,800 range is not broken, try a small short position, targeting the 80,500-80,000 range; after a pullback and stabilization around 80,000-80,500, try a small long position with a stop loss below 79,500, targeting the 81,500-82,000 range.

Mid-term strategy: Before the trend reverses, during a pullback to the key support zone, consider gradually building long positions, paying attention to stabilization around 79,000-79,500. If it stabilizes effectively, there is still potential for further upward movement; if volume increases and it breaks below 79,000, then wait and see, until the trend becomes clearer.
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