May 8 Morning Bitcoin Analysis

The current market shows a decline from high levels with a downward trend, oscillating and gradually moving lower, with diminishing rebound momentum, making short-term upward breakthroughs difficult.

The core resistance is locked at 80,500-81,500.
If a clear resistance signal appears during the rebound to this area, it is advisable to go short and continue to seize the pullback opportunities;

The key support focus is around 79,500.
If a rebound test reaches this level and shows signs of stabilization and stopping the decline, it is advisable to capture the rebound trend and aim for a recovery.

As the weekend approaches, market trading sentiment tends to become cautious, and the market is likely to enter a consolidation phase. In terms of operations, adhere to the principles of taking profits when the trend turns positive and accumulating gradually, while closely monitoring macro news developments to prevent sudden disturbances from causing abnormal movements, and flexibly adjusting rhythm and strategies.
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#BTC回调 #稳定币储备下降 #CLARITY法案推进受阻