5.9 Bitcoin Strategy

After the current bottoming and rebound in the market, it has entered a high-range consolidation phase.
Although bullish sentiment has recovered somewhat, there is clear resistance above, making it difficult to form a sustained upward trend in the short term. The market is likely to continue in a range-bound pattern.
In terms of operations, focus on key resistance and support levels for breakouts and stabilization, follow the trend and adopt flexible positioning, and avoid fighting against the trend.

The core support below is at 79,800-79,300.
If the market stabilizes and stops falling here, consider going long to catch the rebound and profit from the upward space.

Key resistance above is at 80,500-81,000.
If there is no effective volume breakout, the market will continue to oscillate, and you can consider short positions at high points to profit from pullbacks.

Weekend trading is relatively light, with limited volatility. Follow the principle of taking profits and exiting, and aim for a 300 to 500 point range for a safe exit.
$BTC #比特币跌破8万美元
$GT #稳定币储备下降
$ETH #油价过山车