Yang Guang bit | May 8 $BTC Morning Strategy Rapid decline bottoming phase, precise rhythm control



【Core conclusion】Current price $BTC 79,765, down more than 3,000 points from the high of 82,800 within the day, with the lowest dip to 79,421. The main reason for this decline is the fermentation of US-Iran geopolitical easing expectations, risk aversion premium fading + a mass liquidation triggered by concentrated high-leverage longs, resulting in a "kill all longs" market. It is not a major trend reversal; the fundamentals and long-term institutional holding logic have not been fundamentally damaged. Currently in a bottoming consolidation stage after oversold conditions, bearish momentum has been largely released, with a short-term technical rebound needed for correction. However, short-term bears still hold the advantage. Trading should focus on light positions after oversold stabilization, with small bets on rebounds encountering resistance, and cautious play on pullbacks. Strict position control, no blind bottom-fishing or chasing shorts.

Entry timing: Price retraces to the 79,400-79,600 range
Stop loss: Strictly set below 78,900
Tiered profit-taking:
First target: 80,200-80,500
Second target: 81,000-81,200

🚀 Rapid decline bottoming market tests the mentality the most. Do not blindly bottom-fish, do not panic sell, only seize high-probability, certainty opportunities. Keep up with the rhythm, and confidently secure profits from the rebound correction! $BTC ‌#比特币跌破8万美元
BTC-1.63%
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