May 9th, Saturday Bitcoin Market Analysis

After stabilizing and warming up at the low end of the current market, it has entered a high-level sideways consolidation phase.
Bullish sentiment has somewhat recovered, but there is significant resistance above, making it difficult to break out of a one-sided upward trend in the short term.
Overall, the market remains primarily within a range of fluctuations.

In terms of trading, focus on the effectiveness of breaking through resistance and support levels, adjust your strategy flexibly according to the trend, and strictly avoid going against the trend.

Key support below: 79,500-79,300
If the market stabilizes here and stops falling, you can consider going long with the trend and seize the rebound profits.

Key resistance above: 80,500-81,000
Failure to effectively break through and stabilize above this level will lead to continued fluctuations.
When the market rises, consider taking advantage of the pullback opportunities accordingly.

Weekend market volatility is relatively light.
Remember to take profits when the market looks good, and securing 300-500 points profit is a steady way to lock in gains. #比特币跌破8万美元 $ETH