5.8 Evening

Thought Process Analysis:
After experiencing a rapid decline in the evening, Bitcoin did not form a sustained break below the low, but instead showed clear capital absorption, indicating that buying pressure below still exists. Although the current market is highly volatile in the short term, from an overall structure perspective, it appears more like a shakeout and correction after a sharp drop rather than a unilateral weakening. The 80,000 level remains a key area of contention between bulls and bears. If the evening pullback does not break below the core support, bulls may regain strength and launch a second attack, relying on the low support. Overall, it is not advisable to blindly chase short positions in the evening; focus on low-buy opportunities after a pullback. Once stabilized, the market is likely to continue upward and open more space.

Trading Suggestions:
Bitcoin: Buy on dips around 78,800-79,300, target 81,500, 83,000.
Altcoin: Buy on dips around 2,230-2,260, target 2,360, 2,460. #比特币跌破8万美元 $BTC $ETH