Morning analysis on May 20th (Yifan's new account, old fans quickly follow)

Good morning everyone, I am Yifan. Yesterday, the typical position I mentioned for BTC reached around 76,000. All of Yifan's fans should have benefited.
Currently, the MA7 and MA30 moving averages are arranged in a bearish downward pattern, with the price trading below the moving averages, indicating strong medium-term bearish pressure. Bulls have not yet formed an effective counterattack structure.
The K-line has crossed above the D-line to form a low-level golden cross, with all three lines turning upward simultaneously. The short-term rebound signal on the 4-hour chart is confirmed, and technical correction is about to begin.
The main trend on the 4-hour cycle remains bearish, but a strong short-term rebound is expected. Resistance zone above is 77,300-78,650, with strong support at 76,000 below.
The market is most likely to first move into a low-level oscillation and rebound correction, then face resistance and fall again. In the short term, small positions can be used to play the rebound, with partial profit-taking at higher resistance levels. Personal suggestion from Yifan: buy near 75,500-76,000, with targets around 77,300-78,000.