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Bitcoin surged intraday to the 80,000 level, but after meeting resistance at the 80,000 mark, it shifted into a narrow-range consolidation and adjustment. Price has been repeatedly fluctuating around the 790–800 range. Although the market has room for a thousand-point move in volatility, there is no one-way trend. ETF funds have seen a slight inflow, providing support for the bottom; with major developments in the recent news stream being realized, the large whales continue to take a wait-and-see stance.
Technically, on the hourly timeframe, the Bollinger Bands are narrowing and flattening, with price staying close to the middle band—forming a typical oscillation accumulation structure. After the MACD golden cross, it has turned downward; the short line shows a need for a modest pullback, but momentum is limited, making it difficult to break key support.
During the night session, market activity is mostly expected to remain range-bound between 79,000 and 80,000, with back-and-forth washouts. There is no one-way rise or fall; both bulls and bears repeatedly probe the market. This is suitable for short-term high-sell and low-buy strategies. $BTC #特朗普5月13日访华