#Gate广场五月交易分享 BTC Evening Technical Analysis:

Current trend: Last night (May 8), BTC briefly fell below $80,000 due to profit-taking, with the lowest touching $78,900. Subsequently, buying interest quickly entered, forming a V-shaped reversal, regaining above $80,000, with the intraday high reaching $80,427.
Data shows that on May 4, profit-taking reached 14,600 BTC in a single day, the highest level since December 2025. This correction led to approximately $331 million in positions being liquidated across the network.
Future outlook: The current price repeatedly oscillates around the psychological level of $80,000. The 2.23% weekly gain is the best since mid-April. RSI is in the neutral zone, neither overbought nor oversold, with no clear advantage for bulls or bears.
XWIN Research Japan points out that large holder deposit activity remains relatively moderate. This decline appears more like a leverage-driven correction rather than a confirmation of a market top. If the price can effectively break through $82,000 and turn it into support, a recovery toward the $90,000 range is possible; if it falls back below $80,000, downside pressure will intensify.
Support levels: $80,000 (psychological level); $77,500 – $78,000 (short-term strong support); $72,000 – $75,000 (50-day/100-day EMA dynamic support)
Resistance levels: $80,500 – $82,000 (main supply zone/200-day moving average resistance); $85,000 (key resistance)