Crypto Circle Sister Hong 5.12 (Drafted at 9:11) Today's Bitcoin (BTC) Market Analysis and Trading Suggestions: #Gate广场五月交易分享 #比特币波动 #Polymarket每日热点


Bitcoin current price around 81,400, in the 1H chart, the candlesticks have recently touched above 82,000 multiple times before forming a pullback situation. The early morning rebound was also like this. Currently, the candlestick is moving downward toward the BOLL middle band and EMA30 level. The MACD bullish momentum is shrinking, DIF and DEA are closing in and about to form a death cross. KDJ and RSI are crossing downward at high levels and have not yet entered oversold territory. Sister Hong believes there is still room for the price to decline further. During the day, continue to watch the lower side at the 4H lower band EMA80 and EMA60 range; if the daily DIF and DEA successfully recover from the death cross a second time, the price will continue to test the 79,000 key support level. Currently, at high levels, it is recommended to try light short positions, reserve for previous highs to add positions, and set up defenses!

Today's selling points suggestion: ≥81,500 short, add above 82,500, stop loss above 82,900; take profit at 80,700-80,100-79,500, if it breaks below 79,000, it can continue to hold.

Today's buying points suggestion: ≤79,500 long, stop loss below 79,000; take profit at 80,200-80,900-81,500.

There is a delay in article review and push. The above point levels are for reference only. Please grasp the trading opportunities yourself, and do proper risk control when entering the market. Do not operate with heavy positions! Thank you for reading!
BTC-0.37%
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