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5.11 Bitcoin Midday Analysis
The morning market surged rapidly. From a technical perspective, a pullback is inevitable. Bitcoin surged to 82,380 and then retreated to around 80,500 points. Currently, the price is stable around 80,800, with strong support below. The overall market structure remains healthy.
From the 4-hour chart, after testing the middle band of the Bollinger Bands with a bearish candle, it steadily rebounded. The MACD bullish momentum is still above the zero line, and during the morning decline, the green bars continued to lengthen, indicating limited downside space and a potential for further upward movement.
Bitcoin suggestion: Go long around 80,300-80,800, targeting 84,000. #比特币波动 #特朗普5月13日访华 #Gate广场五月交易分享