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5.8 Bai Mu Xin Midnight Market Analysis and Strategy
80k as Bitcoin’s core psychological threshold and strong support level, and also a key defensive bottom line for recent long positions. If it breaks below this level on increased volume and closes below the threshold, it means the bulls’ support has completely failed, and the uptrend is effectively over. Market sentiment quickly turns bearish, triggering panic selling pressure. The technical indicators weaken in sync, and the downtrend is officially established. During midnight, don’t rush to enter—wait for stabilization before going long. Focus on selling rallies.
BTC: Around 80,500–81,000, target around 79,200–78,500
ETH: Around 2,310–2,330, target around 2,280–2,250$BTC $ETH #BTC回调