5.10 Luo Yi Big Cake Morning Analysis — Support is solid; the Big Cake upward rhythm remains unchanged



The daily chart overall maintains a solid bullish trend. The price has continued to hold above 80,000. The high-level movement is a buildup and consolidation during an ongoing uptrend, not a top followed by a reversal downward. The 4-hour pullback is relatively weak; the support and absorption below are strong, with limited sell pressure from the shorts. In the short term, it mainly remains a rhythm adjustment, and the probability of a subsequent upside breakout is higher.

Throughout the day, firmly focus on going long on dips, and position based on the support zone.

Long entry range: 80,000–79,500
Stop loss: below 79,300
Targets: 82,800; if it breaks through, watch 84,300

Overall assessment: As long as there is no effective breakdown below the key support at 79,500, the bullish structure will not change. After the correction ends, it is highly likely that a new round of upward movement will begin. Wait patiently for a pullback opportunity to enter. $BTC $GT $ETH
BTC0.51%
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