5.10 XinXin Bitcoin Morning Analysis



At present, Bitcoin’s short-term head-and-shoulders trend is clear: the market is under heavy pressure at the high level and pulling back; the head-side momentum is exhausted, and downside space has been opened. Since the high point of 81043, the highs and lows have been stepping down one after another. The current price at 80665 is in a low zone; the rebound lacks strength, and selling pressure dominates. The KDJ turns down from a high level and is about to break below the long/short line. ATR volatility is converging, building energy for a new round of decline.

Trading suggestions:
In the short term, treat 81000-81500 as the entry zone to look for a pullback; the first target is 80000-80200. If it breaks down, you may further look toward 79500-79000. Trade cautiously and control position size.
$BTC $ETH #BTC重返8万 #韩国加密征税倒计时 #Circle增发2.5亿枚USDC
BTC0.65%
ETH0.62%
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