5.10 Bitcoin Public Outlook

Market Analysis
Currently, Bitcoin is oscillating strongly around 80,700, with short-term rebound momentum continuing, overall favoring a trend-following long position.

From the 15-minute chart, the Bollinger Bands upper band remains expanding upward, with the price steadily rising along the upper band, reaching a high of 80,859 in the early session, indicating a clear bullish rhythm and a strong short-term signal.
The 4-hour Bollinger Bands are still in a downward opening state, with the price currently oscillating near the middle band, suggesting that this is only a technical rebound after a decline, and the main trend has not fully reversed yet. Caution is advised against a quick pullback after a rally.

Key Levels
Resistance: 80,800-81,000
Strong Resistance: 81,500-81,800
Support: 80,500-80,300
Strong Support: 80,000-79,700

Trading Suggestions
If the price pulls back to around 80,500-80,300 and stabilizes, consider following the upward trend:
🚀 First target: 80,800-81,000
🚀 Second target: 81,500-81,800
If the price fails to stabilize and rebound near 80,300, and volume increases with a break below 80,000, adjust your strategy accordingly to pursue short positions.
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