Bitcoin's current rebound strength is relatively weak, with each small rally being met with resistance and a pullback. Fortunately, the key daily support level at 80,300 has held for now without breaking, and the focus moving forward is on repairing the rebound momentum.


In the short term, it is necessary to wait for the four-hour candle to close above 81,200 to consider the rebound as effectively warming up; if the rally remains weak, there is still a risk of breaking below 80,300 in the future.
If it retraces back to the 79,000-78,500 range, traders can consider opening long positions or gradually adding to their positions; once the four-hour candle closes strongly above the 81,200 resistance level, the target for longs is 82,000-83,000.
The nighttime strategy remains unchanged: if the rebound reaches the 83,000-84,000 range, consider light short positions. #Gate广场五月交易分享
BTC0.01%
View Original
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
  • 18
  • Repost
  • Share
Comment
Add a comment
Add a comment
IWantToShortMicronTechnology.
· 2h ago
I'm actually quite shy, don't believe me? Kiss me.
View OriginalReply0
IWantToShortMicronTechnology.
· 2h ago
Buy the dip 😎
View OriginalReply0
IWantToShortMicronTechnology.
· 2h ago
The bull quickly returns 🐂
View OriginalReply0
IWantToShortMicronTechnology.
· 2h ago
Steadfast HODL💎
View OriginalReply0
IWantToShortMicronTechnology.
· 2h ago
Adding flowers to the brocade is a buddy, sending charcoal in the snow is a friend
View OriginalReply0
FakeNews
· 2h ago
Chong Chong GT 🚀
View OriginalReply0
FakeNews
· 2h ago
Go all in 🤑
View OriginalReply0
FakeNews
· 2h ago
Steadfast HODL💎
View OriginalReply0
IWantToShortMicronTechnology.
· 2h ago
Chong Chong GT 🚀
View OriginalReply0
IWantToShortMicronTechnology.
· 2h ago
DYOR 🤓
Reply0
View More
  • Pin