Analysis of the 5.7BTC High-Level Repair Trend Breakthrough and Trading Strategy

Market Structure Review
Recently, the market has shown a deep V reversal + strong rebound, quickly bouncing back from 92745, breaking through multiple levels of resistance, and reaching a high of around 97600.
The current price is approaching the high point area of May 2 (97500–97800), in the stage of high-level repair trend breakout, and key support/resistance levels need to be closely monitored.
Key level reference:
Support Level (Green Line)
Resistance Level (Red Line)
trading strategy:
Conservative trading strategy:
Prioritize long positions and lay out in batches:
Initial position: 96600 Additional position: 95600
Stop loss: 94200 (strictly protect the principal)
Take profit targets: 97800 (short-term target) | 98800 (medium-term breakout)
Risk warning: Shorting should be done with caution! Only consider light participation when the诱多+顶部背驰 structure is confirmed. Pay close attention to the effectiveness of the breakout in the 97500–97800 range; if it holds, it can open up upward space.
Conclusion
The current market is in a critical repair window, with the strategy focusing on buying low and selling high. #BTC重返97k #Bitwise NEAR ETF 申请 #OBOL 上线福利