$BTC CryptoCircle LiYing: 5.9 Technical Breakdown? Short-term moving average death cross confirms bearish advantage, Bitcoin may retest 79k to find final support! Latest market analysis and trading suggestions

　　Article release date: 2026.5.9 — 00:30

　　At the time of writing, Bitcoin is at $80k. The current market, frankly, is sideways at a high level, with no clear direction. Bitcoin at the $80,000 level is like walking a tightrope—unable to go higher or lower, looking quite intimidating, but actually gathering strength. The most taboo thing right now is chasing gains or panic selling, because you don’t know if the next second will send prices soaring or plunging into the abyss. The current strategy is one word: stability. Don’t think about making a big fortune all at once; we need to be like crocodiles, lying quietly and waiting for the prey to reveal a flaw before striking precisely. The current market is mainly shaking out weak hands, clearing out uncertain chips. Retail investors can only hold onto their cash, observe the situation carefully, and act when the time is right.

　　From a technical perspective, LiYing’s analysis shows that the MACD indicator has formed a death cross above the zero line, with the green bars starting to rise. This is not a good sign, indicating that the upward momentum is nearly exhausted and the risk of a short-term correction is increasing. Looking at the moving averages, the short-term MA is beginning to turn downward and is intertwined, showing that in the short term, bulls and bears are highly divided and no one is willing to concede. However, LiYing judges that the long-term 120 MA is still firmly supporting below, indicating that the overall trend is not yet broken. The current candlestick pattern resembles a converging triangle, with decreasing volatility, and a trend reversal is imminent.

　　Short-term reference:

　　Buy at 79,500-79,000, exit if below 78,500, target above 80,500 aiming for 81,000

　　Sell at 81,000-81,500, exit if below 82,000, target below 80,500 aiming for 80,000

　　The above content is exclusively created by LiYing. Please indicate the source when reprinting! Due to the delay in article review and publication, markets change rapidly. The above suggestions are for reference only; trade at your own risk. We hope LiYing’s insights will be helpful to you!

　　The content is real-time and for reference only; trade at your own risk.

　　​ ‌#比特币跌破8万美元