May 11 BTC Afternoon Market Analysis



In the morning, Bitcoin surged to the 82,500 resistance level and then immediately faced selling pressure, dropping sharply, then pulling back to a narrow range of 80,500–81,500 for consolidation, the trend is unfolding exactly as expected!
Currently, the downward momentum has been completely exhausted, and a stabilization and rebound in the afternoon is a certainty; seize the opportunity to position at low levels.

The four-hour chart pattern is clear: the short-term trend has broken down, moving averages are suppressing the bullish rebound, but the MACD bearish momentum continues to weaken, and a technical rebound could start at any time; the Bollinger Bands are narrowing and flattening, clearly indicating a consolidation phase, waiting for a rally.

Precise afternoon strategy:
Buy long at 80,300–80,500, with targets first at 81,500, then at 82,500, taking profits in stages.
BTC0.64%
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