May 5th Bitcoin Morning Analysis



The current market shows a pattern of probing lows and then rebounding → surging higher and then pulling back → oscillating at high levels, with bulls and bears entering a brief balance phase. The overall trend is bullish, but short-term breakthroughs are challenging; attention should be paid to whether resistance levels are broken.

Key resistance above is at the 80,500-81,000 range.
If it cannot be effectively broken, the current oscillation pattern is likely to continue.
Key support below is at the 79,500-79,000 range.
Effective support allows for phased long positions to catch rebounds and profit.

Recent news remains a significant factor in breaking the situation; close attention is needed. Sudden news can disrupt the current balance, so timely adjustments should be made.
$BTC $GT $ETH
#美国寻求战略比特币储备 #DeFi4月安全事件损失超6亿美元 #比特币ETF期权持仓限额增4倍 #比特币现货交易量新低
BTC1.46%
GT-0.75%
ETH0.97%
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