Crypto Circle Academician: 5.10 Bitcoin current price is 80,740, North-South battle intensifies, these two levels determine the short-term direction! Latest market analysis and trading suggestions


  
  Looking back, Bitcoin’s current price, not long ago, from 60k to now, few people could hold onto it. Many people sell after a small rise, panic after a small drop, ending up not making money, and their mentality collapses first. Trading, at its core, is a battle with your own human nature; if you can't overcome greed and fear, even the most precise analysis is useless. The current fluctuations and corrections are just normal movements on the upward path. Don’t pay too much attention to short-term rises and falls. Manage your risk well, hold onto positions you understand, and it’s much better than blindly trading every day.
  
  The daily K-line is in a correction phase within the upward trend, with prices facing resistance near previous highs, and a doji star appearing on the daily chart, indicating increased bullish-bearish divergence. Although the moving average system still shows an upward arrangement, the short-term deviation is high, indicating a need for a pullback and correction. Resistance is clearly seen near the upper Bollinger Band, MACD red bars are shrinking continuously, and the fast and slow lines are showing signs of turning, indicating that the upward momentum is weakening, and a short-term pullback is needed. Focus on the support zone of 78,000-78,500.
  
  The four-hour K-line at 82,800 has pulled back, currently in a consolidation zone between 80,000 and 81,500. The EMA15 moving average is starting to flatten, and the short-term upward trend is slowing down. MACD green bars are shrinking, and the fast and slow lines are about to form a golden cross, indicating that the short-term downward momentum is weakening and a rebound is needed. The middle band of Bollinger Bands around 80,200 provides support, with resistance near 81,500. In the short term, expect repeated oscillations within this range, and further confirmation is needed for a breakout direction. If you haven't entered the market yet, don’t buy now. For those already holding at low positions, hold your chips firmly.
  
  Short-term trading ideas: Follow the major cycle trend, small stop-loss, quick entry and exit.
  
  Support at 80,200 to 79,700, stop-loss at 79,200, target at 81,500 to 82,500.
  
  Not recommended to chase the top now. Only consider a light short position if it breaks below 79,200 and the four-hour close confirms it. Set stop-loss above 80,800, with a target of 78,000. Going against the trend to short requires very light positions. #日本国债上链24小时交易 $BTC
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