May 12 Market Analysis: Bitcoin is currently fluctuating near the resistance level, with wide-range oscillations up and down. The long-term resistance level remains around 84,800, with support at 75,000. Pay attention to the pin-up pattern between the upper and lower levels. For long-term trading, consider a broader range and avoid chasing rallies. The key bullish and bearish dividing point is 75,000. Short-term strategy: The market is moving within a consolidation range; cycle trading is suitable. Strictly follow trading strategies, control position sizes well, and implement strict stop-losses. The current trading range is as follows: the first resistance level is around 82,500, with the first support at approximately 80,200. The trading zone is between 80,200 and 82,500. If it breaks below 80,200, the support drops to around 78,500. Note: Only trade at key levels, set proper stop-losses, seize opportunities carefully, and wait patiently for the right chance. Key support levels: 78,500, 80,200. Key resistance level: 82,500.