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5.12 Today’s Bitcoin is currently in a high-range consolidation pattern, with the 80k level becoming a key battleground between bulls and bears.
The overall bullish trend remains complete and stable, with institutional funds continuously entering to support the floor, coupled with strong market expectations of interest rate cuts, making the market’s resilience to declines very prominent.
In the short term, the market mainly consolidates and gathers strength, as long as the critical support at 79,500 is not broken, there is still sufficient momentum for a continued upward push, with short-term resistance mainly at the 82,800 level.
Intraday strategy
Bitcoin: Rebound to the support zone of 80,300-80,800, look for opportunities to enter long positions, with a short-term take-profit target of 82,000
Second Bitcoin: Pull back to the 2,260-2,280 range for low-buying, with a rebound bullish target of 2,340#币圈# #Blockchain#比特币波动 #特朗普5月13日访华 #山寨币资金回流 $BTC $ETH