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5.12 Evening
Thought Process Analysis:
Bitcoin overall today shows a pattern of oscillating downward after high-level resistance, with an upward surge to around 82,098 in the early morning but unable to continue increasing volume to break through. Subsequently, during the daytime, it oscillated and declined, with the lowest dip around 80,143 in the evening. Although the current price is close to the 80,000 level, the short-term rebound strength is relatively weak, and the bullish recovery is not very apparent. The overall structure remains bearish. If the evening rebound cannot effectively hold above the 81,000-81,500 resistance zone, there is still a possibility of testing lower levels around 79,000, or even near 78,000. In terms of overall trading strategy, tonight is more recommended to focus on shorting rebounds near the highs.
The "Concubine" (altcoin) also followed Bitcoin's weakness today, reaching a high of around 2,344 in the morning but then continuously facing downward pressure, with a low of around 2,255 in the evening. The short-term bearish trend is quite clear. Currently, the altcoin's rebound momentum is insufficient; the 2,300-2,330 zone remains a key resistance area. As long as the rebound cannot effectively break through this zone, there is still a chance to test support levels around 2,230 and 2,200. Overall, the strategy for the altcoin tonight is also to focus on shorting rebounds near the highs.
Trading Suggestions:
Bitcoin: Short near 81,000-81,500 on rebounds, target 79,000, 78,000.
Altcoin: Short near 2,300-2,330 on rebounds, target 2,230, 2,200. #特朗普5月13日访华 $BTC $ETH