5.11 Luo Yi Bitcoin Evening Analysis: Bulls Building Momentum, Rebound Indicates Bullish Trend



The overall market is dominated by bulls tonight, with high-level narrow-range consolidation building momentum, and the bearish force is relatively weak. The pullback space is limited, mainly focusing on buying low on dips, following the upward trend.
Short-term resistance is at 81,400, with strong support at 80,500. The evening fluctuation range is controlled between 81,000 and 81,400, a tight range of only 400 points. The support zone on the pullback is an excellent opportunity for positioning.

Identify professional directions, closely follow real-time momentum, and seize opportunities. Avoid blindly exploring and stepping into traps. Maintain a clear strategy throughout, precisely grasp entry and exit points, avoid unnecessary volatility, and rely on key levels to follow the trend for layout. Steadily accumulate profits and achieve steady income. Every position has a clear direction.

Trading Suggestions (Prioritize Long Positions Tonight)

- Entry: Buy low in the 80,500–81,000 range
- Stop Loss: 80,300
- Target: 81,800–82,300
BTC0.64%
GT0.13%
ETH-1.03%
View Original
post-image
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