Intraday, Bitcoin as a whole has maintained a slow, gradual pace. Since the midnight high near 82,100, it has been oscillating and drifting downward; by the evening it has already fallen below the 80,000 round-number level and is operating around 79,800. At midnight, we shared our views: the conservative strategy was to wait for a pullback toward the 81,000 area before taking a long entry. After the market’s decline reached that point, it continued to weaken and has not yet given the expected rebound to the upside. Currently, the long order/position has already been added to, and the average entry price for the holdings has been adjusted to around 80,400. Continue to hold patiently while observing.

From the current technical picture, at the daily level the market is still overall in an upward channel. This pullback is a normal technical correction following the prior surge; the medium-term moving-average support below remains solid, and there is no signal of a trend reversal. On the four-hour timeframe, short-term momentum is the dominant factor. Price is running along the lower boundary of the channel, but the short-term has entered an over-iteration range, so there is limited downside room. There is relatively strong buy-side support in the 79,000–79,500 area. Next, the key focus is whether the market can reclaim the 80,000 level. If it can quickly stabilize above that zone, the market may see a rebound and recovery; the first resistance is around the 81,000 area. If it fails again and breaks below the 79,500 support, it will then need to further test down toward the 79,000 area. $BTC #特朗普5月13日访华