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5.11 Morning Bitcoin Market 🍜 Poetry Viewpoint
Consolidation ≠ Top! The true direction of Bitcoin is here!
Overall, yesterday Bitcoin entered a consolidation phase in a high position, fluctuating around the 81,000-82,500 range, neither strongly breaking through the upside resistance nor falling below the key support below, indicating a stage of power accumulation after an upward move.
From the 4-hour timeframe, Bitcoin's current trend features are very clear, with obvious resistance above. It attempted to break above 82,800 twice but failed to stabilize, indicating heavy selling pressure overhead and difficulty in breaking through in the short term. Support below remains solid, consistently receiving bids around 80,500 during the pullback, forming a strong short-term support zone between 80,500-80,700, which has not been effectively broken, and buying support remains.
Bitcoin suggestion: After a pullback to the 80,200-80,700 support zone and stabilizing, consider light positions in dips, targeting 81,800-82,200, with a stop loss below 80,000.
$BTC $GT $ETH
#比特币波动
#特朗普5月13日访华
#CLARITY法案下周审议