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5.8 Midday Bitcoin🫓Market🍜 Poetry Viewpoint—Surge then pull back; these two zones are critical!
From the 4-hour chart, after Bitcoin touched the stage high of 82828.7, it pulled back and entered an adjustment. Currently, the price is running around 79471, which is a technical retracement stage after the surge. This round of upward move starting from 74868 has not completely broken the overall bullish trend, but short-term pullback signals have already appeared. The MACD has formed a death cross❌, indicating that short-term bearish momentum is dominant.
Bitcoin suggestion: If the rebound reaches the 80500-81000 zone and runs into resistance, you can consider lightly shorting, with a defensive stop above 81500; if stabilization signals appear during a pullback to the 78500-79000 zone, then consider lightly participating in the rebound, with a defensive stop below 78000.
$BTC $GT $ETH
#比特币跌破8万美元
#ArthurHayes看好山寨币
#稳定币储备下降