May 6 BTC Strategy



The current market trend shows the lows continuously rising, and the highs are constantly being refreshed, indicating a complete and stable bullish structure. At this stage, it is a correction after an upward move at a high level; the overall upward trend has not been broken.

Pay close attention to the support levels at 80,000-80,500. Once the decline stabilizes and stops falling, you can follow the trend to buy and seek rebound waves for profit.

The key resistance above is at the 82,000 integer mark. If the upward attempt fails to break through effectively, the market will continue to fluctuate within a range, allowing for profit-taking on pullbacks.

Once a successful breakthrough of the resistance level occurs, the upward space will be fully opened.

In a ranging market, do not demand a single high-profit exit; adhere to the principles of taking profits when available and accumulating small gains. Follow the trend and avoid going against it. When faced with sudden market movements, adjust your layout flexibly and promptly.
BTC1.27%
GT1.37%
SOL4.57%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin