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5.13 Morning Bitcoin and Altcoin Analysis
Bitcoin yesterday faced pressure around 82,098 and pulled back. In the early hours today, it accelerated downward, with the low reaching about 79,801 and breaking below the 80,000 level. The current price is consolidating around 80,800. Below, in the 79,800-80,000 area, there is clear buy support, suggesting that short-term downside momentum has weakened. On the macro level, US inflation data came in above expectations, dampening hopes for interest-rate cuts. Combined with geopolitical tensions in the Middle East, risk assets are under overall pressure. Technically, watch the resistance zone at 81,500-82,000. If the price holds above the 81,000 level, it is likely to start a sideways rebound.
Trading Suggestions
Bitcoin: Do a long near 79,500-80,500, targeting 81,200-82,500
Altcoin: Do a long near 2,250-2,280, targeting 2,300-2,350
$BTC $ETH $SOL #Gate广场五月交易分享 #美国4月CPI上涨3.8%