May 8th, Friday, Zhongling Evening Bitcoin Wireframe


Benign adjustment, trend remains unchanged

Recently, the market has been rising continuously from the low point of around 748 to near 828, with no pullback observed during this period. Yesterday saw a normal correction, but the overall trend remains unchanged. Around 79,500 is both a previous support level and a psychological barrier; the price quickly stopped falling here, indicating that the bulls' defense line is solid, and market sentiment has not turned bearish. In terms of operation, go long in the 79,100-79,600 range for Bitcoin, with an intraday target of 82,000!
BTC-1.72%
ETH-1.9%
SOL-0.2%
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