[The copycat projects are starting to become active, but the Bitcoin danger signals have appeared. How should we operate?]

In May, Bitcoin continued to surge toward the CME gap resistance zone. Stimulated by news, the bullish momentum clearly strengthened, and it finally started to pull back after filling the gap and reaching a high of 82,850.

Although the high point is slightly higher than our previous estimate, with some numerical drift, the overall impact is not significant.

Why do I say that?

Because the daily closing price ultimately was 81,447, again returning near the resistance zone, and it showed a clear upper shadow, indicating that the breakout was not decisive, and instead formed a daily-level bearish divergence structure (see Figure 1).

From the weekly perspective, Bitcoin has already returned to the bottom area of the first major decline. Historically, each rebound has often seen the previous support zone become a heavy resistance area, and this time is unlikely to be an exception (see Figure 2).

In other words, this is very likely the end zone of this rebound.

Returning to the daily view, Bitcoin is currently caught between two major trend lines:

There is resistance above and support below, so short-term consolidation will likely be the main theme (see Figure 3).

However, considering the fatigue in the daily upward momentum, the formation of bearish divergence, and the still-present significant resistance above, a decline is only a matter of time.

Of course, there's no need to panic too much.

For Bitcoin to truly start falling, it must first effectively break below the 77,000 support level. Until then, it is likely to remain in high-level consolidation.

And consolidation is actually good for altcoins.

Recently, everyone can clearly feel that altcoins are gradually becoming more active, and the market's profit-making effect has improved significantly compared to before. This also aligns with our previous judgment.

Altcoins that have already been pre-positioned can continue to hold and wait for profit-taking.

Normally, Bitcoin is likely to make another secondary high afterward, and a false spike to a new high cannot be ruled out. Therefore, the area near the previous high remains a good zone for profit-taking observation. Everyone should pay close attention.

Currently, wait for Bitcoin to reach a secondary high, prepare to clear your holdings, or consider taking partial profits on altcoins that have surged.

#BTC走势分析 $SOL $APT