5.8 Bitcoin Market Analysis



4-hour timeframe dominated by bears, price briefly supported near the lower Bollinger Band, MACD shows a death cross with increasing green bars, KDJ is severely oversold

Short-term forecast: initial weak rebound, resistance at 80,950; if the rebound fails to break, it will continue to fall

Key levels

- Support: 79,500 (immediate) → 78,000 (strong)

- Resistance: 80,500 (weak) → 80,950 (strong)

Operations

- Aggressive: Light long positions around 79,500, stop loss at 79,200, target 80,300

- Conservative: Short positions pressed at 80,800-81,000 during rebound, stop loss at 81,500, target 79,500/78,000

⚠️ Strictly control position size, always include stop loss
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