$BTC Analysis for the evening of Sunday, May 10.


The current price is $80,894.1, and the bullish signal in the evening is very clear, with the medium-term upward trend still firmly established.
The price has consistently stayed above the middle band of the Bollinger Bands at $80,359.9, without a significant breakdown. Although the Bollinger Bands are converging, the upper band has not turned downward, just gathering strength for a breakout.
Watch the $81,300 level; if it breaks through and stabilizes, the price may return to around $82,800 in the coming days. If it cannot break through, it will fall back to the $80,000–79,300 range.
In terms of moving averages, the price has just risen above MA7, indicating a short-term stabilization signal. Meanwhile, MA30 and the middle Bollinger Band form a double support, significantly reducing the space for a pullback in the evening.
The upward slope of the moving averages has not flattened, and the medium-term bullish trend remains ongoing.
On the momentum indicators, the MACD lines are above the zero axis. Although the red bars have shortened, a death cross has not formed. The bullish momentum is only temporarily weakening and has not been overtaken by the bears.
KDJ is in the high zone, but the J line has not rapidly turned downward. There is still room for oscillation upward in the evening to digest overbought conditions, making a sharp decline less likely.
The key support zone is 79,300–80,300, which is the resonance support of the Bollinger middle band and MA30. As long as the pullback does not break this level, it is a low-entry opportunity for bulls.
As long as this area holds in the evening, bulls may attempt to push toward the Bollinger upper band at 81,283. Once a volume breakout of the previous high at $82,828 occurs, the upward space will be fully opened.
For evening trading, focus on buying low, deploying in batches around key support levels. Do not chase highs within the oscillation range. Wait for a volume breakout signal to confirm before adding positions, firmly keeping the initiative in the bulls’ hands.
To avoid missing out, you can try a light long position around $80,900–81,300. Once volume increases, immediately cut losses. #BTC #ETH #BTC走势分析
BTC0.98%
ETH1.46%
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