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Evening Bitcoin Outlook
Bitcoin's current correction in this cycle has not yet completed; to halt the decline and rebound in the short term, it must increase volume and stabilize above the 81,569 resistance level; only after stabilizing can it aim for the 82,032‑82,476 pressure zone, and break through to push toward the previous high of 82,800. If it cannot break above 81,569, there will be no bullish trend.
Below, 80,550 is a strong short-term support, which has held multiple retests for rebounds, but the rebound strength is weak, unable to make new highs, and the upward continuation is poor.
Once volume increases and it falls below 80,550, the hourly bullish structure will be directly broken, and it will continue to decline; the next key support zone is 79,550 to the lower boundary, and if it loses the final line of defense at 78,027, the hourly bullish trend will be completely over, and returning above 80k will be a distant prospect.
Trading Suggestions:
On the hourly chart, with volume, break and stabilize above 81,279, follow the trend to go long, targeting 82,026‑82,800;
If volume drops below 80,513 on the hourly chart and cannot rebound back, follow the trend to go short, with strict stop-loss;
On the 4-hour chart, if it breaks below 80,404, look for a decline toward 79,570‑79,112;
$BTC #Gate广场五月交易分享