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5.7 Evening BTC Market Analysis
Bitcoin fluctuated around the 81,000 level during the day, with seemingly fierce shakeouts, but in fact the daily bullish trend remains unshaken. The moving average system maintains a bullish alignment, the upward momentum on larger timeframes is solid, and the trend strength is clearly visible.
The hourly chart remains in a narrow range between 80,500 and 82,500, with Bollinger Bands continuously tightening, indicating the market is gathering strength and waiting for a direction to be chosen. MACD and RSI indicators remain strongly positioned, and the bears have yet to signal a valid reversal, with the market dominance firmly in the hands of the bulls.
In terms of trading strategy, continue to focus on buying low and accumulating:
On a pullback to the support zone of 80,500-79,800, consider light positions and gradually add long positions, with the rebound target around 81,800-82,500. #BTC #ETH #BTC走势分析