Long time no see! Finally back from the holiday. During the May Day break, Bitcoin broke through resistance and surged to 80k, currently stabilizing around 81k. I mentioned this last week, and we're still looking bullish overall. The current setup perfectly aligns with that outlook. Moving forward, after breaking above 80k, we might consider taking a short position. For today, we can jump in directly.
From a technical structure standpoint, the MACD on the four-hour chart shows weakening bullish momentum. Recent volume spikes have been rapid, and since we're looking to short during a downtrend, risk management is crucial. On the daily chart, we've already seen a golden cross and a breakout. The overall trend remains bullish, but let's see if we can catch a retracement. So, no need to overthink this short trade!
Bitcoin trading suggestion: 81400 for shorting down to 79200
#比特币突破$80K
From a technical structure standpoint, the MACD on the four-hour chart shows weakening bullish momentum. Recent volume spikes have been rapid, and since we're looking to short during a downtrend, risk management is crucial. On the daily chart, we've already seen a golden cross and a breakout. The overall trend remains bullish, but let's see if we can catch a retracement. So, no need to overthink this short trade!
Bitcoin trading suggestion: 81400 for shorting down to 79200
#比特币突破$80K
