5.12 Tuesday, oscillating higher; pullbacks continue for the long setup

In recent trading, the market behavior has been fairly similar. After a round of decline, price has once again entered a range-bound consolidation and adjustment cycle. In the evening, it rebounds and moves higher; in the morning, after dipping, it stops around the 80,700 area and bounces. It is currently hovering around 81,200. This morning, a long was given in the BTC large-pancake 81,300-80,500 area. The downside has also to some extent stalled. As the swing lows gradually move higher, the operation still keeps the same idea: hold on to longs on dips.

From a short-term technical perspective, the BTC price is rising steadily, supported by the short-term moving averages. The moving average system shows a bullish alignment, and the uptrend remains intact. On the four-hour timeframe, indicators keep improving: the MACD bullish momentum is gradually strengthening, and the KDJ indicator is diverging upward. The short-term rebound signal is clear. The key support levels below have strong defensive strength—when price retests, it bounces back. The difficulty of breaking above resistance is reduced, and overall the technical picture is bullish.

On Tuesday afternoon, my personal view is to go long in batches on pullbacks in the 80,600-80,800 range, with protection below 79,600. The first target is 82,500; after a breakout, look for 83,500. Strictly control position sizing, do a good job of risk management, and simply follow the bullish trend accordingly. $BTC