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5.13
After dipping to 79,800 yesterday and quickly stabilizing at the low, buying support strengthened in the early morning. The market then opened a steady rebound, rising with fluctuations all the way up to around 81,100, where it entered a period of sideways consolidation. Overall, it has dropped 1,100 points in the end!
At the daily level, bearish momentum continues to steadily fade. The market has stopped falling and has stabilized, closing with a corrective bullish (positive) candle. The 79,100 area below has formed a strong support zone, and bottom support is solid. The key resistance level at 82,800 is clearly under pressure, which means short-term bulls are breaking through a core threshold.
On the four-hour level, bearish volume continues to contract. The price rebounded to touch the middle band of the Bollinger Bands, indicating that the market has entered a phase of building energy and resting in the short term. On the hourly chart, bullish momentum continues to expand; technical indicators turn upward and form a golden cross, with bullish divergence—so the short-term rebound upward trend is clear.
Big Cake
Pull back near 79,800-80,300, look for a rebound in the short term, target 81,500—82,800.
Ether
Pull back near 2,240-2,270 for low-entry buying, look for the 2,330—2,400 area.
$BTC $ETH $IOST $BCH $ETC $ETC
After dropping to a low of 79,800 yesterday, it quickly stabilized, and in the early morning, the buying momentum increased. The market started a steady rebound, oscillating upward to around 81,100 before entering sideways consolidation. Overall, it is within the 11,000-point range!
On the daily chart, the bearish momentum continues to weaken, and the trend has stabilized with a recovery positive candle; a strong support zone has formed at 79,100 below, with solid bottom support; the key resistance level at 82,800 above is clearly under pressure, indicating a short-term bullish breakthrough of a critical threshold.
On the four-hour chart, the bearish volume continues to shrink, and the price rebound reached the middle band of the Bollinger Bands, entering a short-term accumulation and consolidation phase; on the hourly chart, the bullish momentum continues to expand, technical indicators are turning upward with a golden cross, diverging upward, and the short-term rebound upward trend is clear.
Bitcoin
Retraced near 79,800-80,300, short-term looks for a rebound, target 81,500—82,800
Altcoin
Retraced near 2,240-2,270 for low buy-in, look at 2,330—2,400 area.
$BTC $ETH $IOST $BCH $ETC $ETC