5.10 Jiang Yuheng Morning Analysis and Review


Yesterday morning and midday, the prediction was to short in the 80,500-81,000 range, and today the market has already fulfilled and pulled back.
Two attempts to rally were completely crushed, with high long upper shadows and a dead cross on the KDJ indicator fully taking effect; the rebound from the bulls' exhaustion is just a trap.

Combining the current market situation:
Bitcoin is fluctuating around 80,600, still relatively weak in the short term.

Key points to observe today:
• Resistance above: 80,800-81,000 range, if it faces pressure and pulls back again, the short-selling logic continues

• Support below: 80,400-80,200 range, a break below will accelerate toward the target zone of 79,500-79,000

Today's trading strategy:
Continue with yesterday's short-selling logic, lightly position near resistance levels, keep the target unchanged, strictly set stop-losses, avoid holding large positions, and do not chase trades. #Gate广场五月交易分享
BTC0.39%
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