.BTC Last week, the weekly chart closed with a bullish long-tail candle. This week, the weekly chart shows a bearish pullback: it spikes up and then falls back. There is clear sell pressure around 82,500, but the weekly chart still maintains an upward structure (slightly bullish, though entering a strong resistance zone). This week’s rally has seen obvious sell pressure near 82,500 (FVG gap). Overall, the weekly is in a range-bound upward structure. If it breaks above the 82,500 area, it has the potential to reach higher regions. If the pullback holds around 77,000, it may allow the weekly bulls to continue.

The weekly indicators show that MACD has a golden cross; RSI and CCI both show golden crosses, strengthening and remaining bullish. On the daily chart, yesterday closed with a large bullish candle and volume expanded, but today a bearish engulfing candle appeared, ending the three consecutive bullish candles and showing that the bulls are a bit weakened. A double-top pattern has formed on the daily chart. Price is being rejected by the resistance at the upper boundary of the rising channel, around 82,500, and has pulled back. For the rebound, watch the key resistance above: 81,500 (FVG downward gap). Key support below is 79,200 (neckline + midline). The rising channel has not been broken, and the current phase is a high-level consolidation with a corrective pullback. As long as the key levels are not broken, the oscillating upward structure is expected to continue.

On the daily chart, MACD is flattening, and RSI and CCI have formed death crosses, indicating a risk of further pullback. In the short term, focus on the 4-hour timeframe; short-term opportunities are to be taken when the timing is right. $BTC ‌#Gate广场五月交易分享