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5.9 Midday Bitcoin Market 🍜 Shiyuan's View The correction trend is clear, and the rebound is mainly under selling pressure!
From the 4-hour chart, Bitcoin, after hitting the high of 82828.7, has entered a decline phase and is currently consolidating around 80314. The green bars on the indicator continue to enlarge, indicating that the bearish momentum is releasing, and the short-term pattern is clearly weak.
Resistance above: 80800-81500 range
Support below: 79500-80000 range
Bitcoin suggestion: Short around 80800-81300, stop loss at 81800, target at 80200 → 79600
Midday market fluctuations are relatively mild; it is not recommended to hold heavy positions. Position control within 30% is advisable. If the price directly breaks through 81500 with increased volume and stabilizes, it indicates that the bullish recovery momentum is strengthening, and you should adjust your strategy promptly and follow the trend; if it falls below 79500, the bearish trend is confirmed, and risk of shorting should be avoided.
$BTC $GT $ETH
#BTC重返8万
#WCTC交易王PK
#Circle增发2.5亿枚USDC