Jiang Yuheng Da 🫓 Midday Analysis


Bitcoin surged straight into the 82400 level in the morning, but the sell pressure above was too strong. The profit-taking bids were immediately sold off, and the price fell back to 80500. This is a typical pattern of a rally running into resistance and then pulling back. The daily chart’s bullish momentum hasn’t broken; the morning long positions have already taken a big bite of roughly a thousand points of profit!
For the afternoon, the approach is still mainly to go long on dips. Lightly buy Bitcoin in the 80000-80500 range, aiming for 82000-82500, with the key focus on whether 82400 can break through again a second time. For the second coin, go long around 2330-2340, looking at above 2380-2400.
Don’t chase the highs—pullbacks are the safer entry opportunities! #Gate广场五月交易分享
BTC0.64%
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