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May 12 $BTC Market: The 82,000 resistance level discussed last night has been reached and is now pulling back. Many B friends also opened short positions at the highest point.
The 1-hour short-term closing situation has not yet broken below 80,500. After this level is broken, short positions can be held further to seek greater profits.
Below, support levels at 79,900 and 79,500 may see rebounds, so keep an eye on them.
Recently, Bitcoin's market trend should focus on the 805-808 range, which is the key dividing line between bulls and bears, for better market observation.