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#Bitcoin
Today’s 5.13 Market Analysis and Strategy
⚡️Intraday Resistance: Around 81,500
⚡️Intraday Support: Around 80,500
A wave of pullback occurred in the early morning, retreating to about 79,800. The lowest point of the pullback is the level we mentioned yesterday. From the hourly chart, this pullback is a confirmation support pattern. The bullish trend still exists. Currently, it has rebounded to around 81,000, which is the previous consolidation area. In the short term, there is no secondary bottoming structure, so we continue to wait for the bulls to push higher.
Suggestion: If it pulls back around 80,700-80,500, look for a move up toward 83,000. ⚡️