[5.21] Bitcoin / Altcoin Market Analysis and Strategy

Brothers, Bitcoin is currently being tightly suppressed by the EMA15 and EMA30 on the daily chart, with all moving averages trending downward, indicating a short-term bearish trend. The MACD red histogram is shrinking, showing weakening upward momentum, and it remains below the zero line, so the downward trend hasn't changed. The middle band of the Bollinger Bands at 79,437 is pressing down, preventing the price from bouncing up; the only support below is the lower band at 76,265. The rebound is fake; be cautious of further declines.

Altcoins are even worse, with the 2200-2250 zone filled with moving average resistance, and in the short term, it has broken below EMA15, EMA30, and EMA60, with a tidy bearish alignment. The MACD has a death cross with increasing green bars, indicating continued downward strength. The Bollinger Bands are opening downward, with the price hugging the lower band; 2100 is just a psychological support. If it breaks, it’s likely to test the previous low around 1736.

Currently, the rebound is just a weak correction; don’t rush in at the first sign of turning red. The main trend remains bearish—either wait for a full decline before entering or follow the trend with short positions. Control your impulses, don’t get caught up emotionally.

[5.21 Bitcoin Trading Strategy]
Buy near 76,500, protect at 75,500, target near 77,800
Sell near 78,100, protect at 78,700, target near 76,800

[5.21 Altcoin Trading Strategy]
Sell near 2,190, protect at 2,230, target near 2,115
Buy near 2,095, protect at 2,055, target near 2,185

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