5.11 Xin Xin Big Pie Morning Analysis

This morning's BTC, with a sharp rally, gave all hesitant traders a loud slap in the face. It reached a high of 82,460 and is currently above 82,000, directly breaking the short-term stalemate. This is not a rebound; it’s a signal of trend reversal.

The KDJ indicator shows the K line turning upward from a low position, and the J value has already exited the oversold zone. The momentum is recovering; the ATR indicator is rising in tandem, indicating market volatility is expanding, and a trend has begun, not just a correction. All short-term moving averages are turning upward, forming a strong bullish alignment, with support levels continuously moving higher.

In the short term, the 82,000 level has shifted from a resistance to a strong support. As long as the price does not effectively break below this level, the bullish trend will remain unchanged. The space above has been opened, with the next target directly aiming at the previous high or even higher. Once market bullish sentiment forms, it will create a self-reinforcing positive feedback loop.

Trading suggestions:
Buy around 81,500-81,800, targeting 82,900-83,000.