Hey everyone, today is May 13, 2026. Bitcoin dipped to 79800 last night, holding the crucial long-short line at 79388, and didn't break the key level at 78000. It's now bouncing back above 80k. The US stock market has seen a slight pullback, which has a limited effect on the crypto market, while altcoin liquidity is being siphoned off, making ETH weaker.
Here’s a roundup of opinions from several bloggers:
Tiafi Luo: As long as 79388 holds, no bearish outlook; small time-frame spikes are just fake outs.
Liu Yudong: This round of three upswings is nearing its end; after a correction, we might see another push.
Jun Zhang: Targeting 84000–85000; if we break below 78000, the structure fails.
John: If we hold above 80400, I’m bullish; resistance at 81800.
Brother Feng: Short-term long today, but there's still a risk of a drop after the rebound.
Daniel: Last night's drop was a fake breakdown; looking for a rebound above 83000.
Blockchain Sniper: After spiking to 81200, watch for a pullback to 78400.
Crypto Punk: We’re at the end of a converging range; expect a directional choice within a day.
Position Data:
BTC longs concentrated at 78500, shorts at 82000.
Fear and Greed Index at 41, leaning neutral towards fear.
Today's Key Points:
Trump's visit to China might bring a slight lift, but the upside is limited.
Core support: 79500–80000; if we break below, watch for 76000.
Core resistance: 81800; if we hold, then we look for new highs.
Trading Strategy:
Avoid chasing longs in the short term; if we hold above 80400, consider light longs; if we break below 79500, be cautious about bottom fishing. It’s safer to wait for clearer direction and prioritize shorting on highs.
For those needing real-time strategies, stay tuned!
#btc #ETH