5.9 Evening


Thought Process Analysis:
Bitcoin maintained a generally strong sideways trend yesterday, and after a pullback, there was no obvious breakdown. The short-term lows are gradually moving higher, indicating that support below is still intact. Currently, Bitcoin is around 80,500, with a daily low near 79,745. As long as it does not break below the 79,500-79,000 zone, the overall structure remains bullish. Focus on resistance at 81,500-82,000; if a volume breakout occurs, there is a chance to continue higher toward 83,000.

The altcoin is currently around 2,317, with a daily low near 2,286, showing a relatively stable trend. As long as it stays above the 2,280-2,260 zone, dips can still be viewed as buying opportunities. The first resistance is at 2,350; if broken, the next target is around 2,400. Overall, today’s strategy is not to chase highs but to buy on dips.

Trading Suggestions:
Bitcoin: Buy on dips around 79,500-80,000, target 81,500 and 82,500.
Altcoin: Buy on dips around 2,260-2,280, target 2,360 and 2,400. #BTC重返8万 $BTC $ETH
BTC0.76%
ETH0.87%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin