May 9th, Saturday Bitcoin Analysis



The current market shows a stabilization and rebound from lows → a pattern of oscillation at higher levels
The bulls have somewhat recovered, but the resistance above is quite strong, making it difficult to break out of a one-sided upward trend in the short term. It is most likely to maintain a range-bound oscillation.
Focus on the breakthrough and stabilization of resistance and support levels before making the next move, and make timely adjustments. Do not go against the trend and hold on stubbornly.

Pay close attention to the support at the 79,800-79,300 level below
Once the decline stops and stabilizes, consider entering long positions to catch the rebound profitably
Focus on the resistance at the 80,500-81,000 level above
If it cannot be effectively broken through, the current oscillation will continue, and you can follow the trend to catch the pullback profitably

Weekend trading is relatively quiet; adhere to the principle of taking profits when the market looks good, with a gain of three to five hundred points being sufficient.
$BTC $GT $ETH
#比特币跌破8万美元 #稳定币储备下降 #CLARITY法案推进受阻
BTC1.91%
GT0.62%
ETH1.99%
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