Look directly at the technical structure of the market: the 4-hour MACD has already formed a golden cross pattern, establishing a short-term bullish trend; however, the 200-day EMA moving average repeatedly faces resistance during rebounds, creating a strong suppression effect. Market funding rates have shifted from long-term negative to positive, raising the cost of short positions, and selling momentum continues to weaken.

The daily RSI indicator is approaching the high zone of 70; if the price cannot effectively break upward, it is very likely to trigger a high-level divergence risk, with potential for a technical pullback.

On the macro level, focus on: tomorrow’s US April CPI data is about to be released, with market expectations of a 3.56% inflation rate, likely compressing the valuation premium of the crypto market. Before the data release, mainstream institutions generally choose to reduce risk positions, short-term suppressing intraday upward momentum; combined with geopolitical risks from the breakdown of US-Iran negotiations, further limiting market volatility.

Based on comprehensive technical and news analysis: intraday trading is likely to maintain high-range oscillation between 80,000 and 82,400, with an overall bias toward bullishness, but resistance above is heavy and difficult to break through in one go. Short-term operations can wait for a pullback to support zones around 80,500–80,000 to lightly position long orders, with a focus on observing whether the previous high can be effectively broken.