BTC Midday Analysis & Viewpoints



The midday order book continues to consolidate with range-bound fluctuation. The overall bullish structure remains intact, with strong support strength below, and stable capital follow-through.

The back-and-forth ups and downs in the short term are normal shakeout and adjustment behaviors, and do not change the overall upward trend. After sufficient short-term buildup, there is still momentum for further upside expansion.

Bulls and bears are alternating in their contest, so do not blindly chase or follow the rally. Wait for stabilization at the low level, then follow the trend accordingly. Exercise patience in your positioning and wait for the next round of upswing opportunities.

Trading Suggestions
79000-79400 buy in batches

Stop Loss
500

80800-82000

Maintain a steady grip on the range’s rhythm, don’t panic in your trades, and feel at ease while waiting for the subsequent market to gain strength and move higher
#Gate广场五月交易分享 #比特币跌破8万美元
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