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Bitcoin 4-hour chart shows that this round of market has completed a classic bottoming and stabilization correction structure, with a bullish recovery. After rising to a high of 82,460.5 and then pulling back, the bears took advantage of the pressure to dip to around 79,801, completing the final wave of panic selling, thoroughly clearing market float and bearish momentum; then bullish funds quickly entered to support, and the price rebounded strongly in a V-shape, continuously closing higher and recovering lost ground. The lows are clearly raised, and downward momentum has completely exhausted. The current market is in a stage of consolidating and preparing for an upward move after a bottoming phase. The chart continues to hold above the strong support zone of 80,000, with each pullback quickly stabilizing and closing higher, indicating very solid buying support below and that the space for bearish selling has been fully locked. Currently, the price is around 80,922, in a healthy retracement within the upward channel, and the overall bullish pattern has been re-established. As long as the key support at 80,000 is not effectively broken, the pullback is a golden opportunity for low-position accumulation. Subsequently, the bulls will re-attack to test the previous high of 82,460. A new round of upward movement is brewing, and the continuation of this bullish trend is confidently expected.
May 13, Wednesday morning Bitcoin trading strategy: Buy near 80,700-80,200, targeting 82,000;
Second Bitcoin trading strategy: Buy near 2,280-2,260, targeting 2,330.