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The decline has halted and reversed upward, and the bullish strategy of buying on dips remains effective. Reference for the 5.13 bullish strategy: Overnight, the market continued to test lower, touching the key support at 79,800, then quickly stopped falling and rebounded. This is an important position for the previous shift between bulls and bears. When the market reaches this point, the bearish momentum significantly weakens, and funds quickly absorb, leading to a bottoming and rebound. Currently, the price has returned to around 80,500 for consolidation and fluctuation.
From the overall structure, this decline seems more like a normal correction during an upward trend rather than a trend reversal to bearish. The current continuous downward pressure has not been able to open up space, indicating that support below is still strong, and the probability of a further sharp decline has significantly decreased. As long as the market tests lower again, it is still preferable to follow the strategy of buying on dips.
Trading suggestion: The market can be bought in stages around the 80,000–80,500 range, with the first target at 81,500 and further upward target at 83,000. #美国4月CPI上涨3.8% #沃什确认出任美联储主席 #加密投资产品连续六周净流入 #比特币市占率回升至58.5% $BTC $GT $ETH