May 12, 2026, Bitcoin, Silk Road

$BTC Low absorption: 805-810 zone, doo, bamboo shoots at 798, watch 820-830 (Did the 9:30 injection at 806 capture the buying opportunity?)

Technical aspect: The daily chart shows an overall oscillating upward structure, with lows continuously rising and the center of gravity steadily lifting, indicating a bullish trend that hasn't gone bad. The key support at 80,000, a round number, has been tested multiple times and held, with solid buying support below, and the market can't be shaken downward. The pullback with decreasing volume and the rally with increasing volume suggest the correction is a matter of reluctance to sell, with the main force not wanting a deep decline, and low-position chips are being locked in.

Market funds and structure: The main market continues to stay stable without deep corrections, with no signs of chain-breaking sell-offs or waterfall decline signals. The contracts are not overly crowded with extreme longs, so there’s no condition for large-scale one-time harvesting. The sideways oscillation is a consolidation phase, with high-level grinding to digest upward selling pressure, and after cleansing, it will be more conducive to an upward breakout.

Macro and sentiment: Overall market risk aversion remains steady, with no sudden shocks or suppressions. Spot holdings are continuously supported, with each pullback met with low-level support, showing very strong resilience below. The market maintains a slow upward range without volume-breaking downward moves, and the main control of the market rhythm remains #比特币波动 .