5.6 Bitcoin and Altcoin Midday Analysis Technical adjustments do not change the upward trend, the dual-currency low-buying strategy remains firm



In the morning, Bitcoin showed a continuous downward trend, many friends saw the rapid decline and worried that the trend was turning bad, but from the market perspective, this adjustment is a normal technical fluctuation during the upward process—while the price retreated, the trading volume did not significantly increase, indicating that market selling pressure is very weak, and the bearish force is insufficient to reverse the overall bullish rhythm, essentially a pullback for confirmation.

Altcoins moved in sync with Bitcoin, showing a similar pullback pattern, falling from a high around 2399 to about 2355 within the day, with limited overall volatility. Although short-term weaker than Bitcoin and showing a passive follow-up trend, there was no volume-driven decline either, with the core support zone at 2330-2340 holding firmly, and the bullish structure remains intact, merely a phase of short-term consolidation during the upward movement.

Overall, the large-scale dual-currency bullish pattern remains solid, and the technical pullback is a good opportunity for low-position accumulation. Operation-wise, sticking to the trend-following low-buying strategy is recommended.

- Bitcoin: Focus on the support zone of 80,000-79,500, stabilize and enter in batches, with a short-term target of 83,000;
- Altcoins: Rely on the core support of 2340-2330 for low buying, with resistance above at 2400-2420, and a breakthrough could further target around 2450. $BTC $GT $ETH ##比特币站稳8万关口 #加密市场回升
BTC1.26%
GT1.37%
ETH0.48%
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