The current BTC price is hovering around 810. Judging by the technical chart structure, in the short term, all moving averages across different cycles show a standard bearish alignment. The MACD green histogram bars are continuously expanding and increasing in magnitude, with bearish momentum absolutely dominating the market, and downward pressure is evident.

On the 4-hour timeframe, the Bollinger Bands are overall opening downward. Price continues to run weakly along the lower Bollinger Band, while the moving average system synchronously maintains a bearish alignment. The short-term outlook is extremely weak. The market has now entered an oversold range, and there is a need for a technical rebound and recovery.

Overall, in the short term, the market still maintains a weak consolidation pattern. In terms of trading, you can continue to follow the idea of selling high and buying low.
Short-term key support: 780-795. If price retraces into this range, you can watch for opportunities where support stabilizes;
Short-term key resistance: 808-825. The current price is close to the resistance area. If a rebound faces pressure, you can prioritize setting up short orders.$BTC ‌#特朗普5月13日访华