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Evening Bitcoin Market Outlook
Bitcoin has now effectively broken through the downward trend line, with the short-term resistance zone set at 81,569–82,085. Only by stabilizing above this zone can there be further momentum to challenge the previous high of 82,828. Until this zone is broken, the bulls face significant difficulty in continuing the upward push.
From a structural perspective, the market shows a clear ladder-like rise, with highs and lows moving upward in sync, belonging to a standard breakout-retest-breakout pattern: after the initial break of 80,550, a retest confirmed support and led to another rally; after the second break of 80,855 resistance, a retest and stabilization occurred, indicating a clear bullish trend with no signs of reversal.
As long as the retest does not fall below the core support zone of 80,550–80,855, the overall upward structure remains intact; during the early hours, there was no surge in volume breaking below 80k, accelerating the decline, which confirms that the bearish momentum is insufficient, and the main force has no strong intent to heavily dump.
Trading Suggestions:
✅ On the hourly chart, with volume, stabilize above 81,282. Aggressive traders can follow the trend to buy, targeting 82,109–82,811. If unable to hold this level, the bullish trend is invalid;
❌ With volume, break below 80,418 and fail to recover on the rebound, follow the trend to short;
⏳ On the 4-hour chart, if it effectively breaks below 80,464, the downward target is 79,580–78,697.
$BTC #Gate广场五月交易分享