Last night, after the release of CPI data, we also received a brief bearish signal. However, the impact of this kind of market-news usually comes quickly and leaves just as fast. Last night, Bitcoin fell and broke below the 80,000 mark—though not by much, it still counts as a signal. He said that in the early hours of today, Bitcoin returned above 80,000 again, but these are all small moves; we can re-strategize and plan again afterward.

Bitcoin’s daily chart is about to close with a bearish candle. Today’s price action is also very similar to what happened before: first, a series of continuous extensions upward, and then a pullback from the high to adjust. Today’s daily was also supposed to break through the previous extension, but with the involvement of the bulls, a very long lower wick has been left. The current trend also shows a bias toward that long lower wick; this morning, we’ll first see how strong the rebound is.

Bitcoin is above 80,000, watch for 82,000
Ethereum is above 2260, watch for 2340#Gate广场五月交易分享 #TROLL两日涨超160% #Polymarket每日热点