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5.15 Bitcoin Morning Analysis
Last night, Bitcoin surged to 81,995 before facing resistance and pulling back, with continuous decline in the high levels, showing a clear lack of upward momentum.
Based on the 1-hour indicators, the KDJ three moving averages are turning downward, forming a death cross signaling bearishness, and the MACD double moving averages are above the zero line, with the bullish energy bars shortening, indicating that bullish momentum is exhausted and a short-term correction is clearly indicated.
Trading suggestions:
Light short positions around 82,000-81,700, targeting 80,000-79,500. $BTC #Gate广场五月交易分享