### 5.10 Market Analysis

Today, Bitcoin overall is experiencing a narrow-range consolidation after a low-level rebound. From the order book, the price rose from around 80190 in the morning to around 81043, indicating there is some support around 80000. However, after pushing higher, it did not continue with a volume breakout. It then mostly consolidated in the 80600-80900 range, showing that resistance around 81000 remains quite evident.

In the short term, the current price is moving sideways around 80700-80800, which is a temporary equilibrium point between bulls and bears. Downside, the key support levels to watch are 80500, 80200, and 80000. As long as 80000 is not broken, the overall outlook cannot be considered to have turned weak; it still leans toward range-bound repair. Upside, focus on 81000-81200. If it can effectively hold above that zone, there will be a chance to rebound further toward 81500-82000.

That said, the current candlestick strength is not great. It has been consolidating with a series of small bearish and small bullish candles, indicating that active buy pressure is not very strong—more so just consolidation after a rebound. Therefore, tonight’s approach should not overly chase longs. Overall, it is more suitable to view the market as ranging and slightly bullish above 80000, with clear short-term pressure around 81000.

“Yitai” is also very likely to follow Bitcoin’s momentum. In the short term, the key focus for support is around 2300, while resistance is around 2350-2380. As long as Bitcoin does not break below 80000, Yitai can also easily maintain a ranging rebound. But if Bitcoin breaks below 80000, Yitai may return to retest around 2280, or even 2250. #BTC重返8万 $BTC $ETH