$BTC 5.12 Daily Market Analysis, Bitcoin's 1h level continues to refresh its high points, can it make a pullback in the short term? Daily sharing. Although we have been inclined to expect a 1h pullback in the short term over the last two to three days, Bitcoin has not yet successfully made one. Until today, Bitcoin surged again, reaching a high of around 105800. Many people could not resist asking if Bitcoin will drop again, if there will be a pullback, and whether they should go long directly. However, I personally believe that the necessary structure will not disappear. So I still suggest waiting a bit longer; sometimes what you see may not be real, and the market can shift at any time. Of course, this is just a short-term perspective; for the mid-term, we are still looking at a rebound at the daily level, so the overall direction remains bullish. You just need to consider whether to go all in on a long position in the short term or wait for a pullback structure to emerge before going long. These two strategies are different. BTC In the short term, due to rapid market changes, the article can only forecast the market changes at the moment of publication. Short-term players should pay attention to the latest market changes; this is merely for reference.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.