Since the evening of May 4th, we have been analyzing Bitcoin and have started a few days of bullish thinking, and on the 15-minute chart, we can see that the support level is at 80,700. Today during the day, our strategy will continue to rely on 80,700 to go long. The daily chart also shows three consecutive bullish days, and the candlestick pattern has already indicated a stabilization after a decline. The support at 80,700 twice has formed a double bottom, which means there is at least 2,000 points of upward space remaining. We do not speculate on the market; we are just followers. The market's response is the direction we ultimately need to follow. Junjie believes that short-term at 80,700 is still strong, and today there is still a need to continue to hit new highs.

Just now, there was a wave of upward movement, and it is expected to retrace within the range of 81,100-81,600. Buying in the middle might be knocked down, so the key is to pay attention to the support at 80,700. In such a market, we still do not consider short positions and will continue to look for long opportunities.