5.11 Bitcoin Roadmap


1-hour timeframe shows a deep V-shaped reversal, rapidly rallying to break through the previous consolidation platform + the upper band of the Bollinger Bands, indicating a very strong bullish trend, with the short-term bulls completely in control.

Watch below at 81,000, which is the lifeline of this bullish trend. If it pulls back without breaking, consider light long positions, targeting the previous high of 82,460. If broken, look towards 82,800-83,000.

Above at 82,500, if the price surges but fails to break, and there is clear volume contraction and MACD bearish divergence signs, consider a short-term short position, watching the 81,500-81,000 range.

Currently, the market is in an overheated state after a rapid rally, not suitable for chasing high prices. It's better to wait for a pullback to confirm support before entering low, and avoid blindly buying at high levels. $BTC $ETH #Gate广场五月交易分享 #BTC重返8万 #日本国债上链24小时交易 #韩国加密征税倒计时 #Polymarket每日热点
BTC-0.07%
ETH0.16%
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