5.12 Morning



Today's morning Bitcoin 1-hour chart signals are very clear
Currently, the price is steadily above the middle band of the Bollinger Bands, and the overall short-term bullish pattern still dominates; the Bollinger Bands are continuously narrowing, and the chart is entering a high-level energy accumulation and consolidation stage, with bulls and bears about to face a new round of directional choices.

The short-term first resistance is 82,160, combined with the previous high of 82,460. This is the key watershed for whether the bulls can open a new upward space. Without a strong breakthrough, the upward potential will remain limited.

The lower Bollinger Band at 80,380 forms a strong bottom line defense, and multiple tests of the middle band have not effectively broken below, indicating very strong buying support below, with limited downside momentum in the short term.

Overall, the main trend today is bullish, with a short-term focus on retracement and accumulation, mainly looking for dips to buy, and at high levels, facing resistance to short-term sell-offs for arbitrage. No chasing rallies or holding large positions, with precise ambushes within the range.

Bitcoin:
Pull back to 80,000-80,500 to stabilize and stop the decline, and if the hourly chart shows a bullish reversal candle, consider going long.
First take-profit target: 82,100-82,200, second breakthrough target: 82,600-82,800

Auntie:
22,40-22,85, target 23,40-24,00$BTC $ETH $IOST
BTC-1.96%
ETH-1.5%
IOST-2.62%
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