Yesterday, Bitcoin dipped to around 80,400 support and quickly stabilized and rebounded, with the market following a rebound correction pattern, reaching around 82,100 in the early morning. This round of movement and the low-position trend rhythm are highly consistent with our layout from yesterday; the entry timing at the low position was well grasped, and the overall rhythm performed steadily.



Currently, the overall bullish structure of the market remains intact, with the market bottom continuously rising and the highs above expanding, maintaining a complete upward pattern. The price has successfully stabilized above the previous key resistance area, which has now turned into an important support, and the market's overall focus is steadily shifting upward. The slight short-term pullback is just a normal oscillation and rest during the upward process, not indicating a trend reversal.

When Bitcoin falls back to the 80,000-80,600 range, consider gradually adding to long positions on dips; first watch around 82,800, and if it further breaks through and stabilizes, look towards 84,000 and beyond.
BTC-0.12%
ETH-0.03%
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YufengA
· 05-12 02:05
Hi

Owl

491

7777
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