5.21 Morning

Thoughts and Predictions:
Bitcoin has rebounded from a low point overall since last night to this morning, forming a correction structure. The price stabilized around 76,855 and then moved upward with volatility, reaching a high of about 78,150 in the morning. This indicates strong short-term buying support, as the previous weakness and decline have begun to show signs of correction. Currently, the price is consolidating around 77,800. If subsequent pullbacks to the 76,800-77,300 range do not break downward, it suggests that support below remains intact, and the market may continue upward toward 78,800, with further targets around 79,800.
In terms of volume, there was some volume release during the rally, but caution is still advised when chasing high prices. Short-term funds are better suited to wait for a pullback confirmation.
Technically, the MACD shows short-term recovery and strengthening, the KDJ has risen sharply but may need to pull back, and the RSI is in a neutral to slightly strong zone. The overall structure leans toward a correction after a rally, with a continuation of the upward trend.
On the news front, recent ETF capital flows and U.S. Treasury yields continue to influence market sentiment, but the risk appetite in the U.S. stock market has improved, providing some support for a short-term rebound in the crypto market.

Regarding altcoins, they are moving in sync with Bitcoin’s rebound, rising from around 2,112 in the low, with a high of about 2,157 in the morning, indicating a clear short-term correction strength. If they stabilize around 2,090-2,110, there is still potential to continue upward toward 2,180 and further to around 2,220.
Overall, the morning strategy is mainly to buy on dips around support levels, waiting for confirmation of support before continuing the rebound.

Trading Suggestions:
Bitcoin: Buy on dips around 76,800-77,300, target 78,800, 79,800.
Altcoins: Buy on dips around 2,090-2,110, target 2,180, 2,220. #普京访华 $BTC $ETH