5.10 Evening Analysis

For Bitcoin, the 1-hour Bollinger Bands are opening upward; the middle band is continuously rising, and the bullish trend is clear. The current price is running close to the upper band. The upper band at 80911 is the key short-term core resistance. If there is a high-volume breakout above it, the upside space will be opened. The middle band at 80740 is the line that separates bullish strength from weakness; intraday pullbacks have not broken the level. The lows are gradually rising, showing strong bullish follow-through. There is no obvious bearish divergence signal tonight. In the short term, price is expected to remain range-bound with a slightly bullish bias. Going long on dips is the main approach. Chasing longs at higher levels needs caution due to the upper band’s potential to cap price and trigger a pullback. Key support is 80600-80570; if it breaks, the bullish momentum and tempo may be disrupted.

Trading recommendation: For the short term, you may sell at highs and buy at lows based on support and resistance. For the medium to long term, consider 81300-81800. Target 79300-79800.$BTC $GT $SOL