$BTC 1 Hourly chart shows a triangle convergence pattern, with short-term bulls and bears competing more intensely.

Focus on the key levels of 817 above and 808 support below; if it breaks below 808, watch the support around 795; if it breaks above 817, watch the resistance between 827-831.

The market closely monitors recent U.S. visits to China, which release positive signals, but these are likely just short-term pulse impacts on the market and do not change the overall structure. Historically, positive signals are often followed by negative ones once the momentum exhausts.

With the Federal Reserve's leadership transition approaching, news-driven disturbances will significantly increase. Be sure to maintain defensive strategies, strictly control positions, and prioritize a cautious approach.

From a higher-level structure perspective, the overall weakness has not changed. The price remains under strong resistance from the daily Vegas channel. Only a valid breakthrough and stabilization above the 850-860 range can break free from the current large-scale oscillation, return to the upper trading zone, and truly reverse the bearish trend. #特朗普5月13日访华