5.13 Jiang Yuheng Bitcoin Morning Outlook

After the overnight dip, Bitcoin probed down to the key support at 79,800 and then quickly rebounded, returning to around 80,500. Buying support below is strong, and downward momentum has clearly weakened. Daily moving average support is firm; indicators continue to repair, and bullish signals are gradually appearing. However, this is still a corrective rebound after a decline, and no strong reversal has yet formed.

Trading suggestions:
Go long on a pullback in the 79,600–80,100 range. The target is 81,500–83,000. If price rebounds into 81,800–82,500 and meets resistance, you can consider a short trade. If it breaks below 79,300, give up the long positions—strictly control position size and focus on trading in line with the trend. #Gate广场五月交易分享