Brothers, good afternoon. Bitcoin continues its four-hour level correction today, forming a descending channel pattern, with the MACD showing a persistent green histogram expanding, but the daily MA60 moving average and the lower band of the Bollinger Bands are resonating around 78,500, forming a strong support. Additionally, the Stoch RSI has entered the oversold zone. If it dips to 79,000-78,500, it could be a good opportunity for long positions, with a stop at 78,000. The 80,500 level above is the double bottom neckline on the four-hour chart; a breakout would confirm a short-term reversal. A second rally could target 81,500-82,700. After reaching that area, watch for bearish divergence signals to consider shorting.

The altcoin trend is relatively weak, with the daily chart breaking below the moving average system. The MACD has a death cross and is opening downward, but the weekly support around 2,260-2,230 shows dense trading activity. The four-hour RSI shows a bullish divergence, and a dip could be an opportunity for short-term longs. Today’s rebound focus is at 2,315, which is the neckline of the V-shaped reversal on the hourly chart. If it stabilizes, it will test the strong resistance at 2,350-2,380. Upon reaching that area, watch for signs of stagnation to consider shorting. Strictly control your positions and set proper stops. #Gate广场五月交易分享 #比特币跌破8万美元 #美伊冲突再升级