Coin Bureau Co-founder: Bitcoin has stabilized above its core support level, and the market is entering a critical verification period.

CoinFeed reported on May 4th that Nic Puckrin, co-founder and CEO of Coin Bureau, published an analysis on the X platform, noting that Bitcoin has strongly broken through $80,000, reaching a new high in nearly three months and simultaneously returning to several core technical levels and reasonable ranges for on-chain indicators. Currently, the price is holding steady above the $79,000-$84,000 CME gap midpoint, a key support zone for the bull market, and has also broken through to the true mean for short-term holders. If the current price level holds, the next upward target will be the $83,000 ETF average cost area and the upper edge of the $84,500 CME gap. Overall, Bitcoin's short-term price action has entered a crucial verification phase, and the market may be entering a period of increased volatility.