5.13 The current trend of Bitcoin has shifted to high-level oscillation, completely bidding farewell to the previous single-sided surge market.



The 4-hour cycle has already formed a top pattern:
MACD bearish divergence, RSI retreating from high levels, trading volume continuously decreasing, clearly indicating that the bullish momentum is gradually weakening.

The key strong resistance above is locked in the 82,000-83,000 range, repeatedly testing but unable to stabilize, likely to surge and fall back later; the focus below is to defend the 79,000 support level.

Currently, many people are still blindly chasing longs, but in fact, the risk of chasing at high levels has greatly increased.

Operationally, it is recommended to view rebounds as opportunities to open short positions; shorting at high levels is much safer than chasing longs.
Short-term strategy: place short orders around 81,100, target 79,800, with a stop at 82,000.
BTC0.1%
ETH0.55%
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