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5.21 Bitcoin Intraday Analysis
After these two days of intense volatility, 760 has temporarily held, and the market has also rebounded, just as expected.
The daily candle closed higher yesterday, which is a good sign of a trend reversal, looking forward to today's performance. This wave can also be considered a daily rebound.
The 8-hour chart has already formed a bullish crossover below the water, and the 12-hour chart needs to watch for hidden downward signals. It is still in a transition bottoming pattern, but based on the current market, the decline has temporarily stopped. Even if weak, forming a bullish crossover indicates market sentiment is improving.
Nearby resistance: 782, 785, 790-800, 806
Nearby support: 770, 760, 754, 748
Note: For reference only, not investment advice.
#分析行情 $BTC