5.7 Afternoon Jiangyu Bitcoin and Altcoin Analysis

Bitcoin 15-minute cycle shows a sharp rise followed by a pullback, currently priced at 80,950, trading below the MA7 and MA30 moving averages, with short-term moving averages turning downward to form resistance, clearly indicating a weak oscillation pattern, and bullish rebound momentum is exhausted. The first resistance level above is at 81,100-81,300 (moving average resistance zone), second resistance at 81,800. Only with increased volume and a firm hold above this zone can the short-term weakness be repaired, providing a chance to revisit the previous high of 82,800; support levels below are at 80,700-80,800 (near the intraday low), strong support at 80,000-80,400. Once volume breaks below these levels, the bearish trend will be confirmed, and the price could drop to the 78,600-78,800 low range. In terms of trading, support zones are suitable for light positions to short-term buy, and if the rebound encounters resistance at the moving average zone and stalls, quickly switch to short positions with strict stop-loss.

Altcoin (second coin) 15-minute cycle shows weaker momentum than Bitcoin, currently priced at 2,321, breaking below the MA7, with the MA30 continuing downward pressure, reinforcing the bearish arrangement, and rebounds are all met with resistance and fallbacks. Short-term resistance is at 2,330-2,340 (moving average resistance zone), key resistance at 2,350-2,360. Failure to break and stabilize above these levels indicates the weak pattern will not reverse; support below is at 2,310-2,320 (near the intraday low), strong support at 2,280. Once broken, the downward space opens, with further retracement to the 2,260-2,230 range. In trading, avoid chasing one-sided trends, rely on mechanical high sell and low buy within the range, do not hold large positions or gamble heavily, and avoid being repeatedly liquidated.

The current US-Iran geopolitical situation still carries uncertainties, and the market is prone to emotional disturbances from news, causing sharp fluctuations. Short-term trading must have proper stop-loss measures, participate with light positions, strictly control exposure, and avoid heavy bets. #BTC回调 #大饼 #二饼 $BTC