5.7 Morning Analysis



Bitcoin is currently affected by the delayed expectation of interest rate cuts from the United States and a slight outflow from spot ETF funds. After surging to 82,810, it quickly pulled back. On the technical side, the 1-hour timeframe fell below the MA7 and the middle band of the BOLL; the KDJ has entered the oversold zone. In the short term, there is still demand for a technical rebound. 80,890 is the key defense line—if it holds, the market will consolidate and build momentum. For the rebound, watch the resistance at 81,800-82,000. Overall, it remains in high-level range-bound consolidation and no clear reversal signal has appeared.

 

Trading suggestion: Go long at 80,300-80,800, with targets at 82,300-83,000.$BTC $GT $ETH #Gate广场五月交易分享
BTC-0.27%
GT-0.27%
ETH-1.71%
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