$BTC Bitcoin pulls back after a rally, currently trading around 80,921. The price has broken below the short-term moving average support, and the short-term bullish momentum has weakened.


Resistance levels above are concentrated in the 81,100-81,500 range, with strong resistance at the previous high of 82,434; support below is first seen at around 80,500, and if broken, then near 80,000.
The 1-hour MACD shows a death cross downward, with the red histogram turning green, indicating increased downward momentum; the 4-hour MACD's red histogram continues to shrink, with diminishing upward momentum, and the mid-term rebound trend is under test.
Overall, the market is in a high-level oscillation with a slight weakness, mainly following a short-term bearish bias. Rebound attempts face resistance, so light positions can be tried for shorting. Do not bottom-fish until a clear stabilization signal appears. #Gate广场五月交易分享
BTC-1.32%
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