#GateSquareMayTradingShare #GateSquareMayTradingShare

Bitcoin is currently trading around $80,815, and the market is at a critical crossroads. Here are 4 key points to know:
1. On-Chain: Major Players Accumulating
In the past 30 days, long-term wallets have added 331,000 BTC. This means a net accumulation of over $80k. During the same period, inflows into spot ETFs continue. Retail investors are hesitant, asking "Is this the peak?" while institutional money is buying on dips. This divergence often appears before a major move.
2. Macro Pressure: Eyes on NFP
The May 5 JOLTS data showed strong results, shifting rate cut expectations to July. Tomorrow, May 8, the NFP report will be released. If the data exceeds expectations, short-term selling pressure may occur, with $76,500 as the first support. If below expectations, the $82,000 - $84,000 range could be quickly tested.
3. May Calendar: Volatility Guaranteed
• May 12: CPI Data. Inflation trends will determine the Fed’s next move.
• May 15: Fed Chair’s term ends. The tone from the new chair will influence the market.
• May 22: Bitcoin Pizza Day. Social volume increases, and rapid price movements become more frequent.
• May 29: End of monthly options. The “max pain” zone $80k , where price may be attracted, becomes important.
4. Liquidity Warning
In the past 2 weeks, the reserve of tokens with fixed value in market maker wallets has decreased by 6.2%. Order books are becoming thinner. This indicates a sharp spike during data releases. Use wider stop distances or reduce leverage in leveraged trading.
Summary
Maintaining above $80K is crucial for BTC. Institutional buying continues, but macro data and low liquidity will make short-term movements volatile. Partial buying for spot accumulation makes sense; trading during data releases is risky.
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Note: This post is not investment advice. Always do your own research (DYOR).