5.11 Midday Bitcoin Market 🍜 Poetry Viewpoint



Don't chase! The key level is about to move again

This round of market trend started from the low of 78,027 on May 4th, rising all the way to the high of 82,828.7 on May 7th, then entered a deep correction, with the lowest point around 79,000 and stabilizing. Recently, it surged again, quickly falling back after breaking above the 82,000 mark, currently trading around 80,778.

The current MACD indicator shows that the DIF line (248.2) is still above the DEA line (218.7), with the histogram positive (59.0), indicating that the bullish momentum has not fully disappeared, but the histogram has already shown a significant decrease, meaning the upward momentum is gradually weakening.

Analyst advice: Around the 80,000-80,500 range, target 81,500-82,000, stop loss below 79,500.
$BTC $GT $ETH
#特朗普5月13日访华
#CLARITY法案下周审议
#山寨币资金回流
BTC0.56%
GT1.06%
ETH-0.16%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin