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5.13 Morning
Thought Process Analysis:
Bitcoin sharply rebounded after dipping near 79,800 in the early morning, rising to above 81,140 at the highest point, indicating some support at low levels. However, the overall rebound still belongs to a corrective structure after a decline. Currently, the 81,500-82,000 area remains a short-term key resistance level. If the rebound cannot effectively stabilize above this zone, it suggests the bulls lack sufficient momentum to continue, and a pullback may be needed again. Overall, the morning strategy is to mainly short on rebounds, focusing on the 81,500-82,000 resistance zone. The initial target below is 80,000, further down near 79,000.
As for the "concubine" (altcoin), it briefly retested around 2,255 in the early morning, then followed Bitcoin's rebound, reaching near 2,294 at the high. This also is a short-term correction rebound after being oversold. Currently, the resistance above the altcoin at 2,320-2,350 remains significant. If the rebound cannot break through and stabilize above this zone, further declines are possible. In terms of operation, the morning suggestion is to mainly short on rebounds, with the initial target at 2,260, further down near 2,200.
Trading Suggestions:
Bitcoin: Short around 81,500-82,000 on the rebound, target 80,000, 79,000.
Altcoin: Short around 2,320-2,350 on the rebound, target 2,260, 2,200. #特朗普5月13日访华 $BTC $ETH