#Gate广场五月交易分享

The overall bearish trend for Bitcoin remains unchanged. The current key resistance level is already very clear—pressure is at 83,000. Regardless of whether you positioned short near 81,800 earlier, or you plan to wait for a rebound to re-engage later, the defense can be set at 83,300.

The sell-off this round down to 79,200 was also within expectations. In the short term, profits have already been taken at 79,500. Since I’m a big bear, there’s no plan to bet on a rebound at 79,200. If the price can effectively hold the 80,000 level, there is an opportunity to continue moving upward. Then above 81,000, you can place your “front-end” short. For more cautious traders, participation can still be around 81,800. In the short term, watch 79,500; for the mid-term, target 74,500; for the long term, first look for below 70,000.