2026.5.11


Bitcoin Today Analysis
Current Trend: Bitcoin's second upward push has broken through the 79,500 high, currently in a consolidation after the breakout; in the short term, the bulls are very strong, but there is also obvious bearish pressure above, so the direction is unclear for now.
Resistance above: 84,100
Strong resistance above: 88,000
Support below: 79,500
Strong support: 73,600
Long position strategy:
Entry: Open a position around 79,500, add positions around 73,600
Take profit: First take profit around 82,500, second around 84,100
Short position strategy:
Entry: Short around 82,500; add positions around 84,100 for the second time
Take profit: First take profit around 75,000, second around 69,000.
Note: The resistance above is strong, the direction is unclear, and position management should be careful when opening trades.

Intraday Long:
Entry: Open a position around 80,300, add positions around 79,500
Take profit: First around 81,400, second around 82,400
Intraday Short:
Entry: Short around 82,500; add positions around 83,500
Take profit: First around 81,500, second around 80,000. $BTC
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