5/14 Today's Bitcoin Long Strategy

1. Trend Structure: The daily chart remains firmly above the short-term moving averages, supporting a bullish trend; intraday pullbacks do not break key support zones; bearish selling momentum continues to weaken, selling pressure gradually diminishes, maintaining an overall oscillating upward main trend, with the bullish structure intact and not broken.

2. Key Indicators: After Bollinger Bands converge and consolidate, they show renewed upward momentum; the price consistently stays above the middle band of the Bollinger Bands in a strong zone; RSI and MACD show no bearish divergence at high levels, and the indicators' lows are repairing with continued golden crosses, indicating steady inflow of bullish buying power.

3. Support and Resistance: Support at round number levels below is extremely solid, with increasing buy orders actively absorbing each dip; resistance above is being tested and digested in stages, with volume gradually and orderly increasing, representing a healthy bullish rebound pattern, with no signs of volume-driven downward crashes throughout.

4. Short-term Pattern: The 4-hour chart shows a bottoming and stabilization structure; a bottom reversal pattern at smaller timeframes is confirmed; short-term rebound space is fully open, and all pullbacks within the day are good entry points for buying on dips.

Trading Suggestions: Go long near 78,500–79,000
First target: 80,000
Second target: 82,000