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May 15 / Market Analysis
In a high-level box oscillation, the daily chart is under pressure and pulling back, showing a short-term weakness, but the medium-term structure remains intact. Capital within the market is still engaged in a stock game, currently mainly digesting profits through oscillation.
Short-term resistance is still at 82,000-83,000, with strong short-term resistance repeatedly pushing higher and then falling back, forming a small double top suppression. As long as there is no volume breakout with a solid move, it remains a large-scale short position.
Support below is around 78,880-78,000, which has been validated once; a successful rebound of over 3,000 points from long positions. If it revisits and confirms again, it can still be used as a reference. #Gate广场五月交易分享 $BTC