May 9 Market Analysis


Support Levels

First support: Around 79,500 (SAR indicator point and recent wick dip low).

Strong support: Around 78,500 (bottom of the prior consolidation range).

Resistance Levels

First resistance: The 81,000 - 81,500 range (short-term moving average resistance and the point where rebounds get capped).

Strong resistance: 82,842 (previous high point).

Short-selling point suggestions

Aggressive: If the price rebounds to around 81,000 and meets resistance, and the RSI has not broken above 60, you may test shorting with a small position.

Conservative: If the price breaks below the 79,500 support level and the breakdown is confirmed by a close, you can follow the trend to short, with a target down to 78,500.

Stop-loss suggestion: Set it above 81,800. $BTC #Saylor拟出售BTC以支付股息 $BTC ‌
BTC1.16%
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