May 4 Afternoon Analysis

Bollinger Bands (20, 2.0) current middle band 80,046.9, upper band 80,495.8, lower band 79,597.9.
The price previously surged to touch the upper band and faced resistance, then pulled back.
Currently, it finds support at the Bollinger middle band and stabilizes.
The Bollinger Bands are gradually narrowing, indicating increased short-term bulls and bears competition, and the market is entering a high-level consolidation phase.
Short-term MA7 = 79,851.0, medium- to long-term MA30 = 79,617.0.
The price continues to stay above both moving averages, which remain in a standard bullish arrangement.
The medium-term upward trend is solid, and the moving average system forms a strong, step-like support.

MACD indicator DIF = 146.0, DEA = 234.6, MACD value = -177.3.
Green bars above the zero line continue to appear, indicating that short-term bullish momentum is weakening.
The bearish force is slightly releasing, but the overall bullish trend remains intact, with no clear reversal signals.
A personal suggestion is to go long around 80,400-81,300, with the initial target to see if it can break below 79,400, as there are many short positions accumulated here.
If it cannot, the bullish trend will likely continue. #BTC #ETH #BTC走势分析