Yang Guang bit | May 7 $BTC Evening Strategy



【Core Conclusion】Current price $BTC 80,400, after a sharp drop of over 2,600 points from the high of 82,800 intraday, the lowest dip reached 80,221. The main reason for this decline is the easing of US-Iran geopolitical tensions, with the risk aversion premium quickly fading + a chain reaction of long liquidation triggered by concentrated longs at high levels, not a major trend reversal. In the short term, the market has entered a phase of oversold rebound and consolidation, with technical rebounds expected after the sharp decline as bearish sentiment releases. However, short-term bears still dominate, so trading should focus on light positions after stabilization of oversold levels, attempting longs on rebounds with minor positions, and playing the rebound resistance levels with very small positions, cautiously controlling exposure, and avoiding blindly bottom-fishing or chasing shorts.

Entry timing: Price retraces to the 80,000-80,200 range
Optimal entry point: Near 80,100
Stop-loss setting: Strictly below 79,400
Tiered profit-taking:
First target: 81,000-81,200
Second target: 81,800-82,000

🚀 Rapid decline markets test patience the most, avoid blindly bottom-fishing, do not panic sell, focus only on high-probability, certainty opportunities, keep up with the rhythm, and confidently secure profits from rebounds! $BTC ‌#Gate广场五月交易分享
BTC-2.13%
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BuyDuringABearMarket,Sell
· 2h ago
Get in quickly!🚗
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BuyDuringABearMarket,Sell
· 2h ago
Buy the dip 😎
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