5.7 Evening Poem Perspective:

High-level momentum is weakening; focus on key support performance!

Currently trading around 80856, still within the early upward channel, but short-term momentum has shown obvious changes.

After touching 82828.7, a series of declining candlesticks appeared, with the highs gradually moving lower. The short-term upward momentum has already weakened compared to earlier. Currently hovering around 80800, with a dense pressure zone formed between 81500-82000 above, and below, attention should be paid to the support zone of 80000-79500. Once broken, it is highly likely to further test the previous support zone of 78000-77500. The MACD green bars are gradually expanding, indicating that short-term bearish momentum is gradually releasing. If it cannot quickly regain above 82000, this correction wave is likely to continue.

Direction reference:
Above resistance at 81500-82000, with a high point at 82800. If it cannot break through quickly, the short-term top structure is basically confirmed.
Below, key support at 80000-79500, the short-term dividing line between bulls and bears. Breaking below suggests further correction; 78000-77500 is an important support zone.

From the current market situation, Bitcoin is in a technical correction phase within an upward trend. The major upward structure has not been broken, but the short-term has entered a somewhat weak consolidation rhythm. The four-hour divergence signal has appeared, so it is not advisable to chase highs blindly in the short term. More focus should be on observing or waiting for a rebound to key support levels to position accordingly.
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