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5.21 Jiang Yuheng | Morning Bitcoin Analysis
Currently, Bitcoin is stagnating at high levels, failing to break through the second peak, with upward momentum continuously weakening, dominated by a bearish trend.
The selling pressure is concentrated in the 77,900-78,400 range above, and the rebound faces clear resistance signals, making a short-term decline more likely.
Operational suggestions:
Entry point: Gradually enter within the 77,900-78,400 range
Stop loss: Above 78,600
Target: Gradually take profit within the 75,900-76,400 range
Overall, focus on shorting high rebounds, strictly follow the specified levels.