5.20 Morning

Thoughts and Predictions:
Bitcoin maintained a mostly sideways and slightly weak structure from last night to this morning, with prices testing lows around 76,107 before rebounding, reaching as high as around 77,042, but facing clear resistance above. Currently consolidating around 76,500-76,600, indicating insufficient short-term recovery strength, and the rebound is still likely to encounter resistance and fall back. In terms of price structure, the 77,300-77,800 zone remains a key resistance area, with key supports at 75,600 and 74,600. Regarding volume, during the rebound, trading volume failed to continue expanding, and market sentiment remains cautious, with leverage positions likely to concentrate again in high rebound zones. Technically, MACD shows limited recovery momentum, KDJ has signs of pulling back after rising, and RSI is in a neutral to weak zone, overall still a sideways pressure structure. On the news front, the decline in US stocks and rising bond yields exert pressure on risk assets, and recently, Bitcoin ETF outflows have occurred, indicating market risk appetite remains cautious.

In terms of "Mistress" (altcoin or secondary asset), the trend follows Bitcoin's sideways movement, rebounding from around 2,093 at the low, reaching near 2,124 before falling back, currently consolidating around 2,105. If the rebound cannot stabilize effectively in the 2,130-2,150 range, it indicates ongoing resistance above, with potential for further retests of 2,080 and possibly around 2,050. Overall, the morning strategy is to short high on rebounds, waiting for a pullback opportunity after encountering resistance.

Trading Suggestions:
Bitcoin: Short around 77,300-77,800, target 75,600, 74,600.
Mistress: Short around 2,130-2,150, target 2,080, 2,050. #30年期美债收益率突破5% $BTC $ETH