Saturday, May 9th, BTC consolidates with volatility, a breakout trend is imminent, and the current movement hides key signals.



Yesterday, BTC experienced narrow-range fluctuations and corrections throughout the day, with the game of dice becoming more stable, the market trend was gentle, with no significant volatility, and overall market sentiment was cautious, with prices continuously accumulating at the bottom.

The previously given low dice strategy has achieved three rounds of gains, and the current coin price is stabilizing around 80,200.

From a technical perspective, the short-term moving averages on the daily chart provide strong support; the 4-hour Bollinger Bands are tightening, signaling an approaching turning point; the RSI indicator is in the middle, and the dice strength is balanced. Over the weekend, market activity is dull, with a higher probability of range-bound fluctuations, suitable for short-term swing trading.

Intraday reference: buy low in the 79,500-79,800 range with a stop loss at 79,000, targeting 81,500-82,000; if the rebound does not break the high, short-sell around 81,800-82,000 with a stop loss at 82,500, and look for a pullback to 80,000-80,500.

Over the weekend, keep positions light and strictly control risks, patiently wait for a breakout to follow the trend. #区块链# #币圈# #比特币跌破8万美元 #ArthurHayes看好山寨币 #CLARITY法案推进受阻
BTC1.02%
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BitWangLin
· 1h ago
Hop on now!🚗
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