May 19 Evening Bitcoin Market Analysis

After experiencing a bottom-breaking move yesterday, the intraday trend mainly focused on a rebound correction, but it still showed a weak rebound. The rebound in the afternoon reached 77,300, without breaking the first resistance level of 77,500. Moreover, there were no signs of stabilization above, indicating insufficient support strength. The "auntie" (a term possibly referring to a specific indicator or pattern) showed relatively stable fluctuations, but the pullback in the evening was somewhat strong, dropping from above the daily midline to below and oscillating.

So today's approach is the same as Monday's: a rebound followed by a pullback, with the point levels moving lower. However, clearly, Bitcoin below 76,000, which is the previous low, needs to break with increased volume to further open the downside space, continuing the bearish outlook. Given the current strength of the "auntie," the rebound space may not be very ideal, especially since the 1-hour "auntie" momentum is weakening. Actually, if the US stock market's opening has little impact, the price may continue to grind at low levels; of course, this is just a guess, and real-time follow-up is necessary. The overall strategy and suggested levels remain unchanged for now. #特朗普推迟打击伊朗