Friday, 5.8, the bullish trend remains unchanged, and dips continue to be bought

Recently, BTC has completed a phased consolidation and bottoming process, with the price steadily stabilizing above the key support zone, and previous correction risks gradually being released. Market trading sentiment continues to warm up, trading volume rises along with price increases and expands, bullish funds gradually flow back, and the overall trend has shaken off the weak oscillation pattern, moving towards a clear stabilization and rebound. The short-term upward trend is initially established, laying a foundation for further upward movement.

From a technical perspective, BTC price has effectively broken above the short-term and medium-term moving averages, with the moving average system showing a bullish alignment, forming strong support. The daily RSI indicator is turning upward without entering the overbought zone, indicating sufficient upward momentum; the Bollinger Bands are opening upward, with the price near the upper band, showing a strong bullish trend. Meanwhile, key resistance levels from earlier have been successfully broken and confirmed with a pullback, with stable chip structure. Multiple time frame technical indicators are resonating, all pointing to the technical conditions for sustained upward movement.

On Friday morning, my personal view on Bitcoin is to buy in batches within the 78,500-79,000 range, with stop-loss set below 77,800. The first target is 81,000, and the second target is 83,000.
During trading, strictly control position sizes, implement risk management, and if the price effectively breaks below the stop-loss level, exit promptly and observe. Follow the trend to seize bullish opportunities. #BTC回调 $BTC