5/11 Today’s Bitcoin Public Outlook:



1. The daily chart trend is upward. Pullbacks are normal shakeouts; key support has not been broken, and the upward structure remains intact.

2. On the 4-hour chart, price stabilizes and rebounds. After the Bollinger Bands tighten, they open upward; the MACD stays bullish, the RSI rebounds, and bullish volume momentum has the upper hand.

3. The short-term support zone has strong buy-side hold on pullbacks. As long as it doesn’t break, it’s a low-entry long opportunity. Resistance above is being tested gradually; a breakout on increased volume will open up further upside space.

4. Range-bound bottoming has been completed. Bullish momentum in the short term has built up fully, and the probability of an upward breakout is relatively high.

Trading suggestion: Go long northbound around 80,500-81,000

First target: 82,000
Second target: 83,000

Adjust at any time according to macro news and market conditions

#Gate广场五月交易分享 $BTC #BTC重返8万 $ETH
BTC-0.07%
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