5.13 Wednesday BTC Big Pie (Bitcoin) Afternoon Analysis



The overall market is trending strong. In the early morning, it pulled back to probe the lows and then rebounded steadily, firmly holding and standing above the 80,000 level. Bullish sentiment in the market is heating up, with active buy orders at low levels, and the market’s focus continues to shift upward.

The four-hour trend is showing healthy consolidation. The moving averages gradually start to turn upward, bullish momentum is sufficient, support below is solid, and near-term resistance is seen at 82,500. Overall, the uptrend is clear.

In the afternoon, look to go long in line with the trend: enter long positions on a pullback at 80,600. Set defense at 79,500. First look at 82,300 for the target; if it breaks out, then look toward 83,000. Hold positions primarily in line with the trend. #美国4月CPI上涨3.8% $BTC
BTC-1.17%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin