5.1 Evening Market Outlook

$BTC In the evening, the bulls launched a strong attack, and the upward momentum is very rapid. The overall market is completely dominated by the bulls, and short positions have not provided ideal opportunities for a pullback entry. In this kind of market, you cannot stubbornly stick to your original strategy; instead, you should timely shift your trading rhythm, avoid fighting against the trend by holding short positions, and instead adjust your position in line with the current strong trend, following the trend to buy longs and profit from the market.

Looking at the four-hour chart, Bitcoin has formed a clear bottoming and rebound structure. The support zone below has been repeatedly confirmed. The bullish force is continuously increasing, pushing higher. The overall trend has shifted from the previous oscillating and slightly bearish to a strong bullish dominance. This rebound not only recovers the previous decline but also breaks through key resistance levels with consecutive solid bullish candles, indicating a very strong willingness of funds to enter. The pullback is minimal, almost giving no opportunity for shorts to enter. In such a trend, contrarian shorting carries very high risk. Therefore, we decisively change our mindset now, follow the trend, and position for longs in line with the bulls, avoiding fighting against the trend, and only trading in the direction of the market.

Bitcoin trading strategy: Buy near 77,500-77,000, target 78,500
Altcoin trading strategy: Buy near 2,390-2,380, target 2,340