5.12 Market Analysis
Overall Trend: The bullish trend at the daily level is not expected to end temporarily, and there is basically no disagreement about continuing to reach new highs.
Short-term in the 4H cycle: There is a need for adjustment. From the perspective of the top 20 cryptocurrencies by market capitalization, this is quite obvious, with nearly half hovering near the four-hour lifeline, some have already broken below it.
This adjustment is not recommended for newcomers to participate in, as the pullback space is not large, and an upward breakout may occur at any moment.
The pullback of BTC should not exceed 100,000 USD; this is still a timing opportunity for bulls/spot buyers.
The approximate trend is as follows
