Analysis for the evening of May 20th

Good evening everyone, the buy orders I shared with you during the day have been filled. Currently, BTC is quoted at 77,349.8 USD, with a slight intraday increase of 0.88%, reaching a high of 77,639.3 USD and a low of 76,107.1 USD. The short-term downtrend has paused, and the price has entered a stabilization phase.
Market funds show a slight net outflow (-229 million USD), but major players have placed large buy orders totaling 76.71 million USD. The buying support below is relatively strong, easing short-term selling pressure.

The Bollinger Bands are opening downward initially, now gradually closing, with downward momentum significantly weakening; the price has stabilized above the middle Bollinger Band at 77,187.5 USD, shifting from weak to strong.
- Short-term support: Bollinger lower band at 76,017.9 USD
- First resistance: Bollinger upper band at 78,357.0 USD
The short-term MA7 moving average is turning upward, and the price remains above the moving average, indicating a bullish advantage in the short term;
The mid-term MA30 at 77,632.5 USD is exerting direct resistance, forming the core resistance for the short-term rebound.
Personal suggestion for the range around 77,650-78,460 USD:
Support around 76,500-76,000 USD, if it breaks below 76,000 USD, then watch 75,000 USD.