5.6 Bitcoin Morning Analysis


Technical adjustments do not change the direction, BTC short-term bullish outlook remains unchanged

Many friends may worry about the trend turning bad after the continuous decline in the morning, but actually from the market perspective, this adjustment is a normal fluctuation within an upward process—although the price has pulled back, the corresponding trading volume has not significantly increased, indicating that market selling pressure is not strong, and the bearish force is insufficient to reverse the overall rhythm, more like a technical pullback to confirm support rather than a trend reversal.

Therefore, our trading approach remains to follow the trend, buying low near the support area. The specific reference range is 80,000-79,500 with a target of 83,000, just follow the trend rhythm. $BTC $GT $ETH #WCTC交易王PK #比特币ETF期权持仓限额增4倍
BTC1.36%
GT0.95%
ETH0.45%
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