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5.11 Evening Bitcoin and Altcoin Analysis
Bitcoin today fluctuated upward from the 80225 level, reaching a high of around 82460 in the morning. It then faced resistance and pulled back, with trading volume shrinking, and the current price has fallen to the 80470 level. The hourly chart shows a pattern of rising then falling, but there is clear support in the 80400-80000 area below, indicating that short-term downward momentum is weakening, and a rebound is likely to develop based on this zone. If subsequent pullbacks do not break below the 80000 threshold, the rebound space will gradually open up.
Trading Suggestions
Bitcoin: Buy near 79500-80500, targeting 81000-83000
Altcoin: Buy near 2290-2320, targeting 2340-2400
$BTC $ETH $SOL
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