5.6 BTC Market Analysis

From the four-hour cycle perspective, BTC entered a high-level consolidation zone after a surge. Although there was a pullback, the price has remained above the upper boundary of the upward channel, with no signs of a volume breakout, and the bullish momentum still exists. This decline is a technical correction from profit-taking in earlier stages, not a trend reversal. During the previous rally, capital inflow was healthy, and during the pullback, trading volume gradually contracted, selling pressure was not continuously released, and key support levels were not broken, so there is still upward momentum.

In the hourly cycle, BTC surged and then experienced a short-term pullback. Although the price retreated from the recent high, it still remains above the previous upward trend, showing no trend reversal signals. During the correction, the size of the bearish candlestick bodies increased, but the buying support below remains strong. Key support zones have not been effectively broken, and bullish funds have not exited. The current trend leans toward high-level consolidation rather than a one-sided weakening, so future focus should be on whether support levels stabilize.

Trading suggestions: Buy BTC near 80,500, target 82,000; buy ETH near 2,330, target 2,400. $BTC #比特币站稳8万关口