5.12 Afternoon Bitcoin and Altcoin Market Analysis:

Today, Bitcoin and altcoins as a whole followed a “rapid dip—bottoming out—rebound—low-level consolidation and repair” rhythm.

Bitcoin side:
In the early session, the price began to fall from above 81,500, then quickly dipped to around 80,661. Short-term bears released more clearly. However, after the low formed, the price did not continue to break down further. It rebounded quickly back above 81,000, and in the afternoon it mainly traded sideways and consolidated around 81,200. This shows that the 80,600-80,800 area has relatively strong short-term support, but the rebound strength above is temporarily limited. At present, it is still in a consolidation-and-repair structure after a decline.

Altcoin side:
Altcoins moved basically in sync with Bitcoin. In the early session, they rapidly fell from around 2,335, with the low near 2,292, and then rebounded to around 2,310, oscillating afterward. Overall, there is some support around 2,300, but the rebound room is temporarily not large; in the short term, it is still in a weak repair phase.

Overall summary:
On the morning of 5.12, the market first fell then repaired. Bitcoin’s low was 80,661, and altcoins’ low was 2,292—low-level support is clearly shown. But in the afternoon, the bulls did not increase volume noticeably. The current rhythm is more inclined toward low-level consolidation and repair. Looking ahead, the key focus is whether Bitcoin can continue to hold around 81,000-81,200 and whether altcoins around 2,310 can continue to stabilize. If Bitcoin can re-establish itself above 81,500, the repair space will open further; if altcoins can hold above 2,320, the rebound strength will be more apparent.#特朗普5月13日访华 $BTC $ETH