Thursday, May 7 Morning Market Analysis

As of the morning of May 7, the cryptocurrency price is around 81,000. Although the 24-hour market has experienced ups and downs for consolidation, the daily chart still maintains a bullish trend, with moving averages in a bullish alignment; the hourly chart is consolidating in the 80,500-82,500 USD range, the Bollinger Bands are narrowing, awaiting a direction choice, and the MACD and RSI indicators are relatively strong, with no obvious bearish signals.

Operational Reference
A light long position can be taken on a pullback to 80,500-79,500 USD, with a stop loss below 79,000, targeting 82,000-82,500; if it breaks below 79,000, then look for a bearish trend, strictly controlling position size and stop loss. $BTC