BTC Market Analysis 2026.05.11

Last week, it was said that if the move starting at 82,850 is a small-scale correction, then the adjustment must end before the weekly close and begin to rise. Subsequently, BTC rose from the correction low of 79,181 to this morning's 82,850 before pulling back; what’s next?

In the next two days, focus on 79,181. If it does not fall below this level, it is assumed that the correction has ended, and a breakout above 82,850 confirms the correction is over. Resistance levels above are around 84k and 85k.

If it falls below 79,181 recently, be alert to the possibility of an expanded correction. As long as the 4-hour candlestick body does not break below the first support zone (around 78,400), it is a reasonable correction. After the correction ends, BTC will continue to rise;

The second support zone below is a lifeline. If the 4-hour and daily candlestick bodies break below this level, it confirms the rebound from 60k has ended, and the subsequent movement will be a new decline.