Nighttime BTC Market Analysis

The overall trend of Bitcoin during the night continues to oscillate at high levels, gathering strength, with the bulls and bears in a more balanced struggle, and the long-term bullish structure remains solid.

Prices repeatedly test above key support levels, quickly stabilize and rebound after retracement, with sufficient buying interest below, and the bearish selling momentum gradually diminishes. In the short term, the market mainly consolidates through oscillation to digest selling pressure above, with no signs of trend reversal.

The hourly Bollinger Bands continue to tighten, with the fluctuation range narrowing, indicating concentrated accumulation of chips, and a new round of directional breakout is highly likely to brew overnight. Short-term resistance is concentrated in the high-level range, while support levels below are solid, and retracements are opportunities for short-term low buying.

Overall strategy: Treat as oscillating with a slight bullish bias, buy on dips after stabilization, strictly control position sizes, and hold patiently, waiting for a breakout with increased volume and a sharp rise.

Trading Suggestions
Buy in batches at 81200-81600

Stop loss at 80800

Target 82500-83500#Gate广场五月交易分享 #比特币波动