🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
The current BTC is in a deep adjustment period, with both longs and shorts locked in a stalemate. The key resistance level above has been persistently attacked but has not been breached, with bulls facing strong counterattacks every time they attempt to push upward; the important support level below is as solid as gold, and despite several strong pushes from shorts, none have been able to form an effective continuation. The market is caught in a typical oscillation dilemma, with the coin price fluctuating around the 94000 line, and the Bull vs Bear Battle has entered a heated stage.
On the technical side, the four-hour K-line has formed a medium bearish candle with a long lower shadow, indicating that buying pressure is starting to gather below. The price continues to hover near the lower Bollinger Band, and the opening of the Bollinger Band is gradually expanding, further suggesting that it will be difficult to form a unilateral trend in the short term, and oscillation and tug-of-war may become the main theme.
Therefore, the trading strategy for the evening suggests focusing primarily on short positions. One can patiently observe the strength of the rebound and, after the upward momentum shows clear signs of exhaustion, look for suitable points to place short orders. At the same time, it is essential to closely monitor market changes, adjust strategies flexibly, and avoid blindly chasing rises and selling on dips.
Short positions near BTC 84800-85300, looking down to around 93000.
Short positions near 1850-1830, looking down to 1750-1700
#五月行情预测#