5.9 Luo Yi Morning Bitcoin Analysis The big coin surged high and then pulled back—can the bulls not hold on? Next, look at this!

Family members, this morning’s surge and pullback in the big coin is already very obvious! The bulls couldn’t hold entirely around 80250. Although it briefly pushed up to 80266, it couldn’t stand firm at all. The quick drop left a long upper wick, indicating the sell pressure above is simply too heavy, and the bulls are already running out of steam.

The indicators are also releasing signals in sync: KDJ is turning down from a high level, the early form of a death cross has already appeared, and the pullback pressure after being overbought is about to come. ATR continues to trend downward, volatility is getting smaller; in the high-level range-bound action, the bears’ advantage is gradually expanding step by step.

Right now, the price is consolidating around 80150—this isn’t building up strength at all; it’s weak consolidation after a spike! If it can’t quickly reclaim and stand above 80300 today, it will most likely begin a pullback next. First, look for support in the 79800-79600 range.

My trading advice for everyone is very clear: look to go short in the 80500-81000 area following the trend. Targets: 79500-79000. Remember to control your position size—don’t get greedy. Just follow the rhythm! $BTC $GT $ETH #Gate广场五月交易分享 #比特币跌破8万美元 #油价过山车